Socha: PKO sell-off essential to meet privatization targets

Socha believes that the selling off of a 30% stake in the bank could bring in zł.5-6 billion. He added that an issue prospectus will be submitted to the Securities and Stock Exchange Commission in June and will be signed the following month. Should this happen, PKO BP could well debut on the bourse at the end of the year. Socha hopes that open pension funds will engage in the planned privatization and is considering assigning a special tranche of shares just for them. (Puls Biznesu, p.6; Parkiet, p.8) E.B.