Indata to move to WSE main market, plans acquisitions

Indata Software Group has been preparing for a public offering and the transfer of its shares from the NewConnect to the Warsaw Stock Exchange main market, the company informed. The firm is planning to transfer its shares in the first half of 2015. The firm is also considering further growth by acquisitions. It has been conducting due diligence in nine entities with which it singed letters of intent last year. The group recorded revenues of PLN 57.9 million in 2014, a growth of 232 percent.