PwC: No IPOs on the WSE in Q1. But there is hope for improvement
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In Q1 of this year, there were no IPOs on the Warsaw Stock Exchange’s main market, consultancy firm PwC said in its IPO Watch Europe report. The only two floatings during this period were on the small cap, alternative NewConect market, worth PLN 11.8 million combined. In Q1 last year there was one IPO on the main market and four on NewConnect. According to PwC there’s no need for alarm yet, as many companies are planning their IPOs later this year, with Dino and Griffin Premium RE being one of the bigger potential offers this year. “Demand for the two NewConnect offers and the return of individual investors to the WSE mean that the market is ready for new IPOs,” the report said.
