Shares in Służwiec Horse Race Track go on sale

Next week the race and betting organizer, will invite investors to participate in a bid to buy a stake in the company's increased capital. The bid will be open to both domestic and foreign investors, provided their company seat is in the European Union. The State Treasury wants STWK to increase its capital by over 31,000 shares. Any single investor will not be able to buy more than 50% of this stake. "This would mean that each investor would have a third of total shares in the company, namely two new investors and the State Treasury," said STWK's president Jan Topolewski. Single shareholdings above 50% are banned by law. Initial offers will be accepted until March 1. The shares will be sold at a price not less than zł. 536 each. If the capital increase is successful, the company will receive over zł. 16 million. (Puls biznesu, p. 10) A.K.