Kulczyk to get rid of over PLN 500 mln worth stake in oil company
16:22
Polish tycoon Jan Kulczyk is going to sell his 8 percent stake in Ophir Energy, oil company. Market value of the holding is estimated at PLN 512 million.
JP Morgan Securities informed that Kulczyk and entities under his control are willing to put on sale 56.607.366 of ordinary shares of Ophir by accelerated book-building (ABB).
The final price will be set after the ABB is ready. The market value of the holding amounts to roughly PLN 512 million.
