Husband and wife are Capital Partners after floatation

Capital Partners' (CP) bourse debut provided a major surprise when shares soared by as much as 800%. They closed on Friday at zł.21.8 - an increase of 395% on their initial price of zł.4.4. The first transaction was conducted at zł.4.3 but within an hour the standing rose by 809% to the level of zł.40. "I am very happy with this price although it is very difficult for me to comment on it. I guess the market is always right," said CP's president Paweł Bala. During the Friday session 32,000 CP shares changed hands with a turnover of zł.1.3 million. Most of CP's 2.3 million shares are owned by Paweł Bala and his wife, who control over 60% of its stock, while 8.7% is owned by Świtalski i Synowie. The remaining part is available on the bourse. CP wants to make use of its status as a listed company and sell their new share issue to investors because at the end of July its shareholders agreed to increase its capital by issuing 1.7 million new shares. "A public offer will be organized in October," added Bala. (Parkiet, p. 2) D.W.