PKL to enter WSE

Cable car company Polskie Koleje Liniowe passed a resolution regarding the dematerialization of shares and the application for admission and introduction of shares to trading on the Warsaw Stock Exchange, the company said in a market filing. “During PKL's public offering, every adult Pole will have the opportunity to acquire company shares, become a shareholder and co-decide on its future,” said Zbigniew Rekusz from the Mid Europa Partners, PKL’s majority shareholder. In addition, the shareholders of PKL decided to reserve some of the shares for its employees. PKL operates in seven tourist resorts in the Tatra mountains.