Locked content WSE offer for Tel Aviv bourse refused after Holocaust raw

According to Rzeczpospolita daily, the Warsaw Stock Exchange offer for the Tel Aviv Stock Exchange has not been shortlisted for the next round of negotiations following a diplomatic row over Poland’s new law on the Holocaust. WSE was invited to bid on the 72 percent stake in the Tel Aviv Stock Excha...

Locked content WSE in talks to acquire Tel Aviv Stock Exchange

According to Parkiet daily, Warsaw Stock Exchange was invited to bid on the 72 percent stake in the Tel Aviv Stock Exchange. The value of the transaction is estimated at some PLN 490 million. WSE confirmed that, along with the state-run Polish Development Fund, it had filed a non-binding offer. Othe...

Locked content WSE suspends PCC Intermodal trading

The Warsaw Stock Exchange has suspended trading of the railway cargo operator PCC Intermodal after its majority shareholder PCC SE called for a mandatory buy-out of the 6 million shares (7.85 percent stake) still in freefloat at PLN 2.66 apiece. The subscription date was set for March 5….

Locked content WSE launches negotiations to sell Aquis stake

The Warsaw Stock Exchange has started negotiations on the potential sale of its 20.3 percent stake in the European equity trading platform Aquis, the company said in a market filing. “Aquis Exchange has launched its IPO process although no decisions have been made yet,” Deputy CEO of WSE Jacek Fotek...

Locked content WSE with PLN 156 mln net profit in 2017

Warsaw Stock Exchange had a PLN 156.01 million net profit in 2017 compared with PLN 131.09 million the year before. The revenues stood at PLN 351.96 million, up from PLN 310.86 million in 2016, while the operating profit grew to PLN 183.9 million. “In unitary terms, net profit in 2017 amounted to PL...

Locked content OFEs won’t sell AAT Holding shares in the tender

A number of Open Pension Funds (OFEs) informed that they will not be responding to the tender offer for WSE-listed system developer AAT Holding deeming the PLN 23 price tag per share “below the company’s market value. The group includes Nationale-Nederlanden OFE, Aviva OFE Aviva BZ WBK, Aegon OFE, a...

Locked content WSE wants to launch pan-CEE index

WSE operator plans to launch a joint index of the most liquid CEE stocks in cooperation with other regional bourses, the exchange CEO Marek Dietl said, adding that in the future regional bourse could set up an exchange traded fund (ETF) based on such index. Preliminary talks on the initiative were l...

Locked content Foreign investors continue to dominate WSE

The share foreign investors on the Warsaw Stock Exchange main market remained unchanged at 53 percent in 2017, while the share of institutional investors declined by 3 percentage points to 31 percent. Individual investors were responsible for 16 percent of WSE trading, up by 3 percentage points. In ...

Locked content Tarczyński raises tender price again

The main shareholders of WSE-listed meat processor Tarczyński, Elżbieta and Jacek Tarczyński raised the price offered for the company’s shares yet again. This time to PLN 14 apiece from the previous PLN 12.6. The initial price was set at PLN 10.5. Tarczyńscy through its subsidiary EJT Investment wan...

Locked content AAT Holding with buyback program

WSE-listed security system developer AAT Holding announced a purchase offer for 2,397,536 of its shares, representing 29.97 percent stake in the company, at PLN 23 apiece. The shares will be purchased by AAT Holding or its subsidiary Polon. The acquired shares may be designated for redemption, futur...