Finance
Burger King Franchisee Rex Concepts Sets Maximum IPO Price at 17.50 Zlotys per Share
Published by Global Banking & Finance Review®
Posted on April 17, 2026
2 min readLast updated: April 17, 2026
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Quick Summary
Rex Concepts, the master franchisee of Burger King and Popeyes in Poland, Czechia and Romania, has set its IPO cap at 17.50 zlotys per share, aiming to raise up to 560 million zlotys to fund expansion and strategic initiatives.
Rex Concepts Sets IPO Max Price at 17.50 Zlotys Per Share, Targets Expansion
Rex Concepts IPO Details and Expansion Plans
IPO Pricing and Share Offering
GDANSK, April 17 (Reuters) - Central European quick-service restaurant operator Rex Concepts has set the maximum price for its initial public offering at 17.50 zlotys per share, the group said late on Thursday.
Expected Proceeds and Share Breakdown
The master franchisee of the Burger King and Popeyes brands in Poland, the Czech Republic and Romania has previously said it expects gross proceeds of up to 560 million zlotys ($156 million) from the issuance of new shares.
Use of Funds and Growth Strategy
It plans to use the funds to finance its business plan and accelerate growth, possibly pursuing market consolidation in Central and Eastern Europe or introducing new brands.
Share Allocation and Investor Information
Under the offering, Rex Concepts will offer up to 32 million newly issued shares. The selling shareholder, Rex Invest CEE, will also offer up to 3.6 million existing shares.
The offered shares will constitute up to 37.34% of the company's total shares once the issue is completed.
Book-Building and Subscription Timeline
The book-building process among institutional investors and subscription period for retail investors are scheduled for April 17-23.
Retail Investor Allocation
Rex Concepts and the global joint coordinators of the IPO intend to allocate between 10% and about 20% of the final number of offered shares to retail investors.
Final Pricing and Trading Schedule
The final pricing is due to be announced around April 24 and the shares are expected to start trading on May 7.
($1 = 3.5972 zlotys)
(Reporting by Adrianna Ebert; Editing by Milla Nissi-Prussak)
Key Takeaways
- •IPO maximum price fixed at 17.50 PLN/share, targeting up to 560M PLN gross proceeds; shares to trade May 7; final price expected around April 24.
- •Rex Concepts plans aggressive growth: aiming for ~850 restaurants by 2032, up from 159 at end‑2025, backed by strong recent revenue and EBITDA gains.
- •Funds will support expansion of Burger King & Popeyes, potential new brands, market consolidation in Central‑Eastern Europe, and continued scaling of company‑operated outlets.
References
Frequently Asked Questions about Burger King franchisee Rex Concepts sets maximum IPO price at 17.50 zlotys per share
1What is the maximum IPO price set by Rex Concepts?
Rex Concepts has set the maximum IPO price at 17.50 zlotys per share.
2How much does Rex Concepts expect to raise from the IPO?
The company expects to raise up to 560 million zlotys ($156 million) from the IPO.
3Which brands does Rex Concepts franchise?
Rex Concepts is the master franchisee for Burger King and Popeyes in Poland, the Czech Republic, and Romania.
4When will Rex Concepts shares start trading?
Rex Concepts shares are expected to start trading on May 7.
5How many new shares is Rex Concepts offering in the IPO?
Rex Concepts is offering up to 32 million newly issued shares.
