Facts, figures and rumors surrounding Polsat's planned IPO

The company will sell between 20-30% of its shares but, "The value of the offer might increase, but we do not think sector investors will be interested in a minority stake," said Polsat's owner Zygmunt Solorz-Żak. This means that part of the shares will be offered to financial investors, but so far the broadcaster is not conducting any talks with them. It is also very likely that Polsat will sell some shares to foreign investors, similarly to what TVN did. "It is hard to imagine that the whole share issue is directed at the domestic market," said Przemysław Schmidt from Trigon, a company advising Polsat. The issue prospectus should be ready by the summer. Due to the planned floatation the company, for the first time revealed its financial results. Last year Polsat made a profit of zł.182 million on revenues of zł.685 million. (Puls Biznesu, pp. 1, 6) M.M.