Full speed ahead for PGNiG's express September IPO
The IPO which was being planned for the past several months will be pushed through despite strong objections from the opposition parties, chiefly the Civic Platform (PO) and Law and Justice (PiS). The share price brackets are to be announced on 31 August, while the subscription for individual investors will last from September 1 to 9. The schedule envisages the announcement of the share price on September 13. "The debut will take place no later than 23 September," announced Marek Kossowski, PGNiG president. He went on to say he is happy and proud to reach the target he has been aiming at for the previous years and that the restructuring has brought results. He also said he does not fear losing his post as the president of the company after the parliamentary elections. (Parkiet, p. 1; Puls Biznesu, pp. 1, 4) A.K.