Uniwheels debuts on WSE, records higher price per share
22:24
The opening price of Uniwheels stood at PLN 114 per share, growth of 8.95 percent compared with the IPO price which stood at PLN 105 a share.
German alloy wheel manufacturer sold 4.8 million shares in the IPO.
"The company is going to spend 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.