Portal Interia.pl files to enter the Warsaw Stock Exchange

Internet portal Interia.pl filed its initial public offering (IPO) prospectus with the Securities and Exchange Commission (KPWiG) yesterday. The IPO would make Interia the first portal to be listed on the Warsaw Stock Exchange (WSE). Interia revealed its plans to be publically listed at the beginning of the year. At that time it also started to search for a strategic investor. Details concerning the IPO and the new investor will be released today but it is known that about 20% of the the new share issue will be listed on the WSE. IT company ComArch is the founder and major shareholder of the portal, with a 42% stake and radio station RMF FM holds 25% of Interia shares. (Prawo i Gospodarka, page 6)