BA CA to be simultaneously listed in Warsaw and Vienna

Bank Austria Creditanstalt (BA CA) debut on the Warsaw Stock Exchange (WSE) is planned to take place in the middle of October. Yesterday, the bank presented the Securities and Stock Exchange Commission (KPWiG) with its prospectus. In accordance with earlier declarations, BA CA will be listed simultaneously on the WSE and the stock exchange in Vienna, which will lead to a constant flow of shares between the stock exchanges. Details concerning the listing are to be announced today, however, it is not excluded that BA CA shares will be listed in Euros on the WSE which will make it easier to buy the shares in Warsaw and later sell them in Vienna or vice-versa. The company offering the shares will be CA IB Financial Advisors. As part of BA CA's public offering on the stock exchange in Vienna in early July, the company sold 22.5% of its shares, for EUR 29 a piece, earning a total of EUR 960 million. (Parkiet, p. 1; Puls Biznesu, p. 4) A.K.