Vantage leaves WSE
21:17
Warsaw Stock Exchange has removed Vantage Development stock from its indices, after the company completed its buyout offer. Fedha, controlled by Vantage owner bought 15.1 million shares in the buyout offer out of 18.78 million (30.08 percent stake) it bid on. The initial price of PLN 3.25 was later raised to PLN 3.70. “Vantage company no longer meets criteria of the above mentioned indices [WIG, WIG-Poland and WIG-real estate], because it's free float is lower than 10 percent,” WSE said in a statement. April 11 session was the last one when its stock was traded.
