Subscription of New BOSQAR INVEST Shares Begins

Jun 1, 2026
Press
  • Up to 5,892,185 new shares of BOSQAR d.d. are being offered, with a price range of EUR 25.50 to EUR 26.50 per share.
  • The subscription process will take place in two rounds: for new investors from June 1 to 10, 2026, and for existing shareholders from June 1 to 15, 2026.
  • The capital raised will be directed toward future investments and acquisitions, including the acquisition of PIK Vrbovec, as well as the continued growth and expansion of the BOSQAR INVEST group.

Photo: BOSQAR INVEST

Zagreb, Croatia, June 1, 2026 – The subscription of new shares of BOSQAR d.d. (ZSE: BSQR) commenced today, June 1, 2026, at 9:00 a.m. CET and will remain open until June 10, 2026, at 4:00 p.m. CET for new investors, and until June 15 at 10:00 a.m. CET for existing shareholders. Two offering rounds are envisaged, within which up to a maximum of 5,892,185 new shares of the Company will be issued.

The price range for each new share is set between EUR 25.50 and EUR 26.50, while the final price will be determined taking into account investor demand, market conditions, and an assessment of the Company’s risk factors and growth potential. The final price will be publicly announced no later than June 11, 2026.

The offering is open to existing shareholders, domestic retail investors, qualified investors, and employees of specified companies within the BOSQAR INVEST group in Croatia and Slovenia.

Depending on the investor category, subscriptions for new shares will be available through branches of Zagrebačka banka, Erste Bank, Privredna banka Zagreb, and Raiffeisenbank Hrvatska, as well as through digital platforms and applications such as mZaba, George, PBZ Investor, E-RIZNICA, and M-RIZNICA. In addition, investors will be able to subscribe through FINA and the brokerage firms HITA, Agram Broker, and FIMA Vrijednosnice.

As previously announced, the proceeds raised through the secondary public offering of new shares (SPO) will primarily be used to finance future investments and acquisitions when favorable opportunities arise, including the acquisition of PIK Vrbovec, as well as for the further expansion of operations and strengthening of the market position of the BOSQAR INVEST group.

Following the completion of the allocation process, payment for subscribed shares, and all other procedures required for the share capital increase and issuance of the new shares, trading in the newly issued BOSQAR shares on the Zagreb Stock Exchange is expected to commence in early July 2026.

A dedicated portion of the offering relates to the ESOP program for employees of the BOSQAR INVEST group in Croatia and Slovenia. The program provides for the allocation of additional shares under a 3+1 model, meaning one additional share for every three purchased shares, subject to continuous employment and retention of the shares for a period of two years. Under the ESOP program, an individual employee may acquire up to a maximum of 231 new shares eligible for the 3+1 reward model. Any acquisition above 231 shares will be treated as a standard subscription by a retail investor and will therefore not qualify under the incentive program.

Potential investors are advised to read the Public Call and the Information Document, and employees are advised to review the ESOP Program, before making an investment decision, in order to fully understand the potential risks associated with the investment.

Since its IPO in 2019, the share price of BOSQAR INVEST has increased by 792 per cent, representing an average annual growth rate of approximately 38 per cent, while the Company has consistently paid dividends over the past five years. The Company has also recently adopted a new dividend policy, under which it intends to continue returning value to its shareholders in the future. The policy is available at the following link: (Dividend Distribution Policy).

About BOSQAR INVEST:

BOSQAR INVEST (BOSQAR d.d., together with its subsidiaries) is a European perpetual capital investor and company builder that operates in several industries, including business process and technology outsourcing (BPTO), CX, information technology, Food, and employment services (HR).

With an innovative business model, BOSQAR INVEST accelerated its expansion on the market with intensive organic growth and an M&A platform, with improved profitability and operations of each of its acquired companies through its standardized operational models that result in significant organic growth of all companies inside the Group and the Group itself.

Today, BOSQAR INVEST operates through several business verticals: the BPTO/AI business vertical (brands: Mplus, GRAIA), the HR business vertical (brands: Manpower SEE and Workplace), the Food business vertical (brands: Future Food, Panvita, Mlinar), and Other industries. All business verticals are focused on shareholder value creation through a commitment to best practices in digitalization, structured key accounts management programs, rigorous financial stability and focus on results, and strong and dedicated management teams.

In its ownership structure, BOSQAR INVEST brings together pension funds, institutional investors, international private equity funds, development institutions, and private investors. The BOSQAR INVEST business community consists of over 18,500 employees, and the group’s companies operate from 27 countries around the world.

.blog-content img { width: 100%; min-width: 100%; max-width: none; /* Ensures the image can scale up */ height: auto; display: block; /* Ensures no inline spacing issues */ }