AmRest wants to move HQs to Spain. Mulls dual listing

WSE-listed restaurant operator AmRest wants to move its headquarters to Spain and pay taxes there. The company also mulls a dual listing on one of the Western European bourses, the company said in a market filing. According to the company, the move would have no major impact on the tax situation of the company. AmRest doesn’t plan on being delisted from the Warsaw Stock Exchange. “Moving to Spain and listing on a Western European stock exchanges will cause the company's shares to be traded in euro, a strong and well-known currency on the international financial markets, which should benefit the company, including access to new funding opportunities, wider access to international capital markets, increase brand recognition and promotion,” AmRest said.