PORR CEO Karl-Heinz Strauss states: “PORR is broadening its investor base internationally and is thereby raising capital to further expand its infrastructure activities in its home markets. With numerous government infrastructure programs – particularly in Poland, Germany and the CEE countries – we expect a surge in demand in many markets. PORR is playing a leading role here. This step also increases PORR's chances of being included in the leading Austrian index ATX, thus taking the share to the next level.“

Sale of treasury shares through accelerated private placement procedure

PORR has successfully sold 1,703,674 treasury shares, corresponding to about 4.3% of the company's share capital, to institutional investors through an accelerated private placement procedure (accelerated bookbuilding procedure). The sale price per share was EUR 26.50, resulting in gross proceeds of approximately EUR 45.1m. The transaction is scheduled to be completed on 20 June 2025. The proceeds from the sale will be used to further strengthen the company's capital structure, particularly in connection with investments in infrastructure programs in Germany, Poland, and the CEE countries.

After the transfer of shares, the free float of PORR (excluding PORR management shares) totals 47.3% (previously: 42.9%). “The increased liquidity will likely also be reflected in higher daily trading volumes. This, in turn, will have a positive effect on the attractiveness of PORR shares for large institutional investors,” Strauss summarizes.

Berenberg, Jefferies, and Raiffeisen Bank International acted as joint global coordinators and joint bookrunners for the transaction. Lilja & Co. acted as independent capital markets advisor to the company.

About the PORR Group

Top performance driven by innovation – that’s what PORR has embodied for over 150 years. With around 21,000 employees and production output of around EUR 6.7 bn (business year 2024), PORR is one of the largest construction companies in Austria and among the top players in Europe. As a full-service provider, PORR offers every aspect of building construction, civil engineering and infrastructure construction across the entire value chain. The focus is on the home markets of Austria, Germany, Switzerland, Poland, the Czech Republic, Slovakia and Romania. PORR also works in selected international project markets such as Norway, the UK and Qatar. The PORR share is listed in the prime market segment of the Vienna Stock Exchange. (ISIN: AT0000609607).