Hamburg-Mannheimer to buy a 24% stake in Compensa

The price was set at zl. 27 per share. Following the tender call the Warsaw Stock Exchange (WSE) suspended Compensa share trading. Several months ago Hamburg-Mannheimer had purchased 29.95% of Compensa shares from Mostostal-Export S.A. The share subscription starts on Aug. 16 and ends on Aug. 24. The underwriter will be Centralne Biuro Maklerskie Pekao brokerages. It is still not known if Hamburg-Mannheimer has received Securities and Stock Exchange Commission (KPWiG) permission to exceed the 50% ownership threshold of Compensa. (Rzeczpospolita, page B4)