Opoczno announces last minute delay to its IPO

No new date has not been set yet, but company representatives suggest June is a possible option. Analysts believe several possible reasons are behind the move: the slump on WSE, the debuts of the Lotos group and Polish Oil and Gas (PGNiG), excessive price and a slow week due to Corpus Cristi holiday. Ryszard Wojtkowski from Opoczno's supervisory board declared, "We want to analyze how quickly investors will be able to withdraw their money from Lotos and what impact the floatation of PGNiG will have. The new price brackets and a schedule for new subscriptions are expected to be announced next week. (Parkiet p. 3; Puls Biznesu pp. 1, 4) M.G.