Locked content NanoGroup plans IPO in H2

Biotech company NanoGroup filed its prospectus to the Financial Market Authority (KNF) and plans IPO in the second half of the year, company’s CEO Marek Borzestowski informed. “We plan to use the funds from the IPO to finance development of our projects concerning oncological prevention and tr...

Locked content PGG not interested in IPO at this moment – CEO

State-owned coal producer Polska Grupa Górnicza (PGG) is focusing to optimize its operations, and is postponing IPO for a later date, company’s CEO Tomasz Rogala said. “IPO is in the plans, however we’re focusing on other things at this moment. Floating on the WSE will be the next step,”...
Image: Zortrax

Zortrax shareholders approve IPO plans

The shareholders of the 3D printing company Zortax have approved the company’s plan to enter the WSE main market, the company said in a market filing. “Our company has learned how to operate within the framework of financial institutions. Entering the WSE is the next, natural step for us, which will...

Locked content Exact Systems mulls IPO

Business services firm Exact Systems plans a Q2 IPO on the Warsaw Stock Exchange, company’s deputy CEO Lesław Walaszczyk confirmed in a market filing. “The planned capital raise will help the intensive development on the currently covered markets and broadening geographical coverage by acquisitions ...

Locked content WSE Q1 net profit below consensus. Plans 10 IPOs this year

Warsaw Stock Exchange, had a PLN 27.7 million net profit in Q1 2017, up from PLN 25.5 million y/y and below PLN 31.1 million expected. The revenue stood at PLN 91 million, up from PLN 81 million y/y, while EBITDA was up from PLN 41.1 million last year, to PLN 46.8 million. According to the…
Image: poczta-polska.pl

Poczta Polska nixes IPO plans

State-owned postal operator Poczta Polska has decided against its earlier IPO plans, according to its latest strategy plan. “We do not see the necessity to be listed. The regulations regarding such companies can limit the possibilities to accomplish set goals, as you have to take into consideration ...

Locked content PwC: No IPOs on the WSE in Q1. But there is hope for improvement

In Q1 of this year, there were no IPOs on the Warsaw Stock Exchange’s main market, consultancy firm PwC said in its IPO Watch Europe report. The only two floatings during this period were on the small cap, alternative NewConect market, worth PLN 11.8 million combined. In Q1 last year there was one I...

Locked content Mila supermarket chain mulls IPO

Supermarket chain Mila is considering IPO, company’s CEO Artur Góralczyk said in an interview with ISBnews. “We’re using the sector’s potential and want to focus on organic growth and increasing effectiveness. One of possible opportunities for growth is IPO,” he explained. “The sec...

Locked content Retailer Dino mulls IPO

Supermarket chain Dino plans to debut on the WSE in Q2 this year, company’s CEO Szymon Piduch said. The minority shareholder, Polish Sigma Group investment fund which owns 49 percent of the company plans to sell 4.8 million of its existing shares. The majority owner, Tomasz Biernacki plans to ...

Locked content Unimot sets IPO price

Fuel trader Unimot, listed on the alternative, small-cap market set the price of its planned IPO of 2.2 million new J-shares at PLN 45 apiece. The maximum price was set at PLN 47. The offer involves moving the company to the WSE main market. The company plans to raise PLN 88 million earmarked for R&...