Artman to take its streetwear to the stock exchange to finance outlet expansion

It plans to sell up to 1.25 million shares to the public, probably priced at between zł.20.4-23.8 a piece, and hopes to raise between zł.25-30 million. Krzysztof Bajołek, Artman's president, said that his company, which sells street-wear-style clothing via a chain of' 'House' brand retail outlets, wants to use the IPO profits to open 90 new stores in Poland and the CEE. (Parkiet, p.6; Puls Biznesu, p. 9) J.J.