Opach continues his quest to buy Softbank shares

Zbigniew Opach's hunger for Softbank seems not easily satisfied, as the private investor whose stake in the IT company exceeded 5% in July is continuing systematically accumulating its shares in a hope to bid up the price to as much as zł. 40 per share. Although he would not clarify how much his stake in the firm grew over the last two months, he explained that he had not, as yet, crossed over the 10% threshold and is therefore not obliged to publish an official press report on the matter. In July this year, 1.28 million Softbank shares, or 6.23%, were in Opach's hands. Despite the recent slide of the price of the shares to zł. 28.40 there still is some growth potential which, Opach said, makes him even more willing to build up his stake even further. The voracious investor did not rule out increasing his stake to over 10% and placing his man on Softbank's board. (Parkiet, p. 3) J.K.