- Jakub Zablocki sells 9.4 million XTB shares for $194 million through an accelerated book-building process.
- Jakub Zablocki reduces his XTB stake from 43.78% to 35.78% while remaining shares face a 180-day lock-up period.
Jakub Zablocki, co-founder and controlling shareholder of XTB has sold a significant portion of his stake in the company.
His holding firm, XX ZW Investment Group SA, sold 9.4 million XTB shares through an accelerated book-building process on May 19, generating PLN 733.6 million (USD $194 million).
The shares were sold at PLN 78 each, reflecting a 7.7% discount from the closing price of PLN 84.50.
This sale reduced Zablocki’s ownership from 43.78% to 35.78%. The remaining shares are now under a 180-day lock-up.
