Intersport steps up to bat

The Polish Securities and Exchange Commission (KPWiG) has already approved the issue prospectus. The maximum issue price is set at zł.12 and the subscription will be launched on June 27. The company is planning to spend the funds on the implementation of its development strategy.

Intersport already sells sports equipment in 11 shops located in shopping malls in nine cities across Poland and is planning to open another 11 by the end of 2008.

The company's net profit has risen fourfold since 2003 and amounted to zł.2.5 million in 2005.