NewConnect excludes 6 companies

Warsaw Stock Exchange, operator of the alternative, small-cap NewConnect index, excluded six companies from its NCIndex, after they were put on the alert list Car leasing company Velto, IT firm Provecta, parcel locker operator Parcel Technik, VR software producer i3D, web group Apis, and automotive Arrinera. These companies shares will be excluded from the portfolio of NCIndex. A company is placed on the alert list after its average price over the three-month period is below PLN 0.5, or if it enters liquidation process.