Polish Stem Blood Bank to enter WSE

The Polish Stem Blood Bank has announced that it will run an IPO in the first half of 2016 and wants to trade shares on the main market of the WSE, the company informed. The first public offer would concern 49 percent of the share capital, of which 90 percent would be addressed to institutional investors and the remaining 10 percent to individual investors. The company was founded in January 2002. In 2015, it had revenues of PLN 104.8 million and PLN 18 million in net profits.