With six IPOs in Q2 worth PLN 2.2 billion, and Play stock debut planned for July, this year is shaping up to be one of the best when it comes to IPOs, PwC said in its report. “Dino Polska and Griffin Premium RE’s Q2 offerings, as well as Play Communications, planned IPO, will contribute to strengthening the position of the Warsaw Stock Exchange among European parades and prove that investors on the WSE expect well-prepared and attractive offers,” PwC said.
So far, the Warsaw bourse saw three IPOs in 2017, three on the main market and three on the alternative, small-cap NewConnect. Their total value amounted to over PLN 2.2 billion, with the majority of which was retailer Dino Polska debut, worth PLN 1.6 billion.
According to data published by PwC, the total value of European IPOs increased by €4.7 billion in Q2, and was worth €15.6 billion, while its number grew by 8 percent to 103 IPOs. The biggest ones include the Allied Irish Banks IPO in Ireland (€3 billion), Galencia Sante AG in Switzerland (€1.5 billion), and French ALD (€1.2 billion).