Karkosik: I will delist ‘some’ of my companies

Millionaire Roman Karkosik, shareholder in WSE-listed Alchemia, Boryszew, and Impexmetal plans to delist “some” of his companies and will “completely limit his investment activity on the bourse.” “I would like to note that the exodus of companies from the Warsaw Stock Exchange continues. Last year 20 companies were delisted and for the first time since 2003, the total number of listed companies has decreased Investors are afraid to enter into transactions for fear of possible accusations of manipulation or other offenses. The investment risk grows through repressive measures. Therefore, as one of the first large private investors on the Warsaw Stock Exchange and advocates of the development of the Polish capital market, I will completely limit my investment activity on the WSE in 2018. and I will withdraw some of the companies I control from the market,” Karkosik said in a statement. His decision follows the prosecution’s indictment of Karkosik and two other individuals over manipulation in trading Krezus shares back in 2012, which he denies.