MOL's refusal to disclose its top salary structure ahead of IPO

The news was strongly criticized by market analysts who charged the KPWiG of not being fair to all companies on the Warsaw Stock Exchange (WSE). "The Commission has the right to allow a company which wants to float its shares on the WSE to be free from the obligation to include in the issue prospectus information, which could act against the interest of the shareholders. Each request is considered individually. The arguments presented by MOL have convinced the Commission," said KPWiG's spokesman Łukasz Dajnowicz. Investors will most probably be able to buy shares in MOL before Christmas Eve. Currently, the issue prospectus is in its final stage of being printed and remaining formalities will be concluded within the next two weeks. (Parkiet, p. 3) A.K.