GTC may return to share issue next year

Property developer GTC will reconsider the issue of new shares in the first half of 2015, the company’s representatives were quoted as saying by the Polish Press Agency. GTC withdrew from issue plans in October this year. “We will adjust the value of the issue to the offers we receive, but it should not significantly differ from the last one,” said CEO Thomas Kurzmann. In the autumn of 2014, GTC planned to issue 140 million new shares.