Hoop hopes to obtain zl. 115 - 145 million from share issue

Warsaw-based company, Hoop, wants to obtain zl. 115 - 145 million from the issue of five million shares, at a price of zl. 23 to 29 per share. In the future, Hoop's results and share price will depend on the company's main rivals, as well as on changes in tax regulations. The company is hoping that its offer will attract both domestic and foreign financial investors; however, recent data shows that the share price will primarily attract financial institutions. Examples relating to other listed companies show that, in the long-term, investing in shares brings much higher interest rates than purchasing bonds. It seems that this factor should also attract individual investors. Hoop is one the largest domestic non-alcoholic drink and mineral water producers. The company has declared its intention to increase its market share via acquisitions and takeovers, for which it plans to earmark zl. 60 million. (Rezczpospolita, p. B5) A.C.