Grupa Pracuj's share price did not change during its debut on the WSE
22:00
Grupa Pracuj debuted today on the main market of the Warsaw Stock Exchange (WSE). At the opening, the share price did not change from the reference price and amounted to PLN 74.
Around 9:30 am, the company's share price fell by 0.47 percent to PLN 73.65.
Grupa Pracuj is the 428th company listed on the WSE main market and the 14th new listing on that market in 2021.
The total value of the public offering was PLN 1.12 billion, and the company's capitalization as a result of the final share price was PLN 5.04 billion.
"Today we are starting a new stage in the history of the company, already as a listed company. We will roll up our sleeves and start working. We have ambitious plans and – most importantly – a wonderful team of over 800 people who make up Grupa Pracuj, ready for their implementation and new challenges," Przemysław Gacek, president, and the main shareholder, said.
Grupa Pracuj is a leading technology platform in the HR industry in Central and Eastern Europe, operating for over 20 years in Poland and 15 years in Ukraine. In 2020, the group's websites were used by an average of 6.8 million users per month, including 3.1 million in Poland and 3.7 million in Ukraine. In 2020, total revenues amounted to PLN 299 million, and adjusted EBITDA was PLN 148 million.
(ISBnews)