A slice of the restaurant trade up for grabs

The public offer includes 4.818 million sold and five million new shares. Individual investors can register from April 11 to 20 with CA IB Securities, which is coordinating the IPO. AmRest will use the issue profits to develop its restaurant network in Poland and the Czech Republic, and on paying back credits. AmRest is the first foreign company operating in Poland to debut this year. Currently it manages 157 restaurants in Poland and the Czech Republic. In Q4 of 2004 the group's income exceeded zł.463 million and the net income reached zł.12 million. Within the next three years, AmRest is planning to open 15 new Pizza Hut and KFC restaurants each year in Poland and the Czech Republic. A.B.