Locked content WSE mulling selling Aquis stake

WSE-listed operator of the Warsaw Stock Exchange GPW will launch talks for the potential sale of its 20.3 percent stake in the European equity trading platform Aquis, the company said in a market filing. The sale is conditional on Aquis going through with its planned IPO. “The terms, conditions and ...

Locked content Fortuna announced delisting

Shareholders of WSE-listed betting company Fortuna have decided to delist the company from Warsaw and Prague bourses, Fortuna said in a market filing. Back in January, Fortbet Holdings, the company’s majority shareholder launched a tender for 0.68 percent of the company’s shares listed on WSE at PLN...

Locked content PwC: this year could be as good for IPOs as 2017

This year could be as good for IPO on the WSE as 2017, but MAR regulations may cause the withdrawal of many companies from the stock exchange, PwC consultancy said in its report. “In 2018 we can expect further intensified activity on the capital market, this will apply to both stock market debuts (p...

Locked content Tarczyński hikes tender price

The main shareholders of WSE-listed meat processor Tarczyński, Elżbieta and Jacek Tarczyński raised the price offered for the company’s shares to PLN 12.6 apiece from the previous PLN 10.5. Tarczyńscy through its subsidiary EJT Investment wants to buy 6 million shares representing 41.8 percent stake...

Locked content WSE with 3rd most IPOs in Europe – PwC

Warsaw Stock Exchange has been ranked 3rd in Europe in IPO activity in 2017, according to the latest IPO Watch Europe report prepared by consultancy PwC. The Warsaw bourse had 27 IPOs last year, including eight on the main market, with their value reaching  €1.8 billion, up by €1.5 billion y/y, maki...

Locked content Sescom mulls move to WSE main market

Listed on the small-cap, alternative NewConnect market technical service provider for chain retail outlets Sescom plans to move the WSE main market this year, the company said in a market filing. “The management board will choose the most favorable date of the debut from the point of view of the com...

Locked content Movie Games mulls IPO

Video game producer Movie Games wants to debut on the WSE in 2018, the company said in a statement. Movie Games was founded in 2016 and employs dozens of people who work on seven productions in several studios throughout Poland. The company produces PC games which are distributed through Steam digit...

Locked content Jakubas plans on delisting CNT. Calls tender offer.

The majority shareholder of WSE-listed constructor Centrum Nowoczesnych Technologii (CNT) Zbigniew Jakubas and his subsidiaries are organizing a tender offer for all remaining shares in the company at PLN 9 apiece. Jakubas and his subsidiaries control 65.76 percent of CNT stock and if the tender is ...

Locked content WIG reaches record-high level

The main index of the Warsaw Stock Exchange, WIG, reached its highest ever level of 67,933.05 points on Tuesday morning, beating the previous record set back in 2007. Later, during the day the growth slowed down and the trading day ended with WIG at 67,529.39 points. Additionally, the blue-chip WIG2...

Locked content Synthos announces mandatory squeeze out

WSE-listed chemical firm Synthos announced the mandatory squeeze out of the remaining 6.1 percent shares still in freefloat at PLN 4.93 apiece. The squeeze out will be conducted on January 19,  while trading of the company’s stock on the Warsaw Stock Exchange will be suspended on January 16. Back in...