KNF approves Polish Cord Blood Bank prospectus

Poland's financial watchdog (KNF) has approved the prospectus from Polish Cord Blood Bank (Polski Bank Komórek Macierzystych) to issue A, B, C, D, E, F, G, H, I, J series shares. The investment firms are mBank Brokerage House and Haitong Bank. An offer is planned for the first half of 2016, but the final decision on the term will depend on the situation on the market, a company press release read. In 2015, the company had sales revenue of PLN 105 million, EBITDA of PLN 27 million and net profit of PLN 18 million.