Agros to leave Warsaw Stock Exchange?

There are rumours that Pernod Ricard, which holds 98% in Agros may decide to delist the company from the Warsaw Stock Exchange within the next few weeks. If so, the company will have to call a public bid for the purchase of Agros shares at not less than around zl. 7.8 each. The steadfast growth in the price of Agros valors which began in January 2003 hints that investors indeed expect the company to be taken off the floor. Andrzej Szumowski, plenipotentiary of the Agros board of directors would not comment on the rumour. However, analysts agree that listing the firm on the floor no longer makes sense, as for some time its average turnover volume per trading session was 330 and the company is not planning any new public share issue. (Parkiet, p. 1) J.K.