Asseco plans to sell more shares

Asseco Poland, provider of IT solutions for insurance and financial sectors, will sell another 1.4 million shares in order to fund its acquisition plans, its chief executive said on Thursday.

The group has sold 1.4 million shares on Wednesday and plans to sell another 1.4 million for a grand total of $21 (zł.63.44) million. "By the end of tomorrow, we will offer another 1.4 million shares of our own shares and this will satisfy our investment needs," Piotr Jelenski, chief financial officer at Asseco Poland, told reporters.

Source: Reuters