Polkomtel gets go-ahead to float shares on WSE

"The document discusses the possibility of selling Polkomtel shares on the bourse, but it does not state the definite size of the stake which will be floated on the WSE," said PSE deputy president, Piotr Rutkowski. From recent announcements it can be concluded that Orlen plans to sell the whole stake it currently controls, in contrast to PSE and copper concern KGHM, which plan to get rid of only a part of their investment. "We would like the company to debut on the floor in June or September," added Rutkowski. Analysts claim that it is very likely that once the shares will be sold to the public, numerous financial institutions, possibly cooperating with Vodafone, will purchase most of the shares. Shareholders in Polkomtel rejected Vodafone's offer for takeover, claiming that the proposed price was too low. (Puls Biznesu, pp. 1, 4) A.K.