Bank Handlowy, PBK sell Gdynia shipyard stakes

Bank Handlowy previously held a 18.6% stake while PBK had 20.5%. Later this month, shipyard employees will receive 13% of the company's shares now owned by the State Treasury; the fund and employees will then possess a 52.1% stake. Also, shipyard president Janusz Szlanta said 80% of the newly purchased shares will be sold to employees at "the symbolic price of zl. 1." (Prawo i Gospodarka, page 5, Reuters)