Infor to debut on the WSE
The firm wants to raise tens of millions of złoty from the new issue, and enter the WSE in the second half of 2006, the company's president, Ryszard Pieńkowski, announced last week.
New shareholders would acquire between 20 and 30 percent of the company's capital, which is currently divided into 4.2 million shares.
"We plan the debut for the second half of 2006. It will be a new issue and we plan to get a few dozen million for them," said Pieńkowski, the owner of 100 percent of the publisher's shares.
Among the titles in Infor's portfolio are Gazeta Prawna and specialist periodicals. The funds raised from the issue are to be used to diversify the publisher's offer.
"We are thinking about creating our own TV program or a radio station. We are also considering starting activity abroad," Infor's owner said.
According to Pieńkowski, this year the publisher plans to increase net profit to zł.7-8 million from zł.4 million in 2004, and income is to grow by five to 10 percent from zł.142 million last year. (Reuters)
New shareholders would acquire between 20 and 30 percent of the company's capital, which is currently divided into 4.2 million shares.
"We plan the debut for the second half of 2006. It will be a new issue and we plan to get a few dozen million for them," said Pieńkowski, the owner of 100 percent of the publisher's shares.
Among the titles in Infor's portfolio are Gazeta Prawna and specialist periodicals. The funds raised from the issue are to be used to diversify the publisher's offer.
"We are thinking about creating our own TV program or a radio station. We are also considering starting activity abroad," Infor's owner said.
According to Pieńkowski, this year the publisher plans to increase net profit to zł.7-8 million from zł.4 million in 2004, and income is to grow by five to 10 percent from zł.142 million last year. (Reuters)
