Stelmet to debut on WSE on October 25
13:26
Stelmet, a manufacturer and distributor of wooden garden architecture, will make its debut on the main market of the Warsaw Stock Exchange (WSE) on Tuesday, October 25, the WSE announced.
24,972,954 A-series shares, 2,923,051 B-series shares, and 1,468,210 rights to C-series shares will enter trading in the WSE. As part of its IPO, the company raised over PLN 182 million.
In terms of m3 production volume, Stelmet Group is the largest vertically integrated producer and distributor of wooden garden architecture in Europe. Most of its products are sold abroad, with the company targeting customers in over 25 countries, mainly European DIY chain stores.
