Uniwheels debutes on WSE, record higher price per share
16:47
The opening price of Uniwheels stood at PLN 114 per share, a 8.9 percent growth compared with the proce reached in the initial public offering (IPO) which amounted to PLN 105 a piece.
German alloy wheel manufacturer sold 4.8 million shares in the IPO.
"The company is going to c0mmit funds obtained through the IPO to partially finance the construction of a new production plant in Poland," Uniwheels informed previously. The company has two factories in Stalowa Wola, southeastern Poland.