Monnari redeems its shares

On Friday, Fashion retailer Monnari Trade started redemption of its 6.112 million shares worth PLN 33.65 in total, the company informed. "The redemption will proceed until December 31, 2017 or it may end prematurely, if capital runs out," the company said in a statement. Monnari Trade has been traded on the WSE since 2006. Its 2014 sale revenues amounted to PLN 175.19 million.