Wittchen heads for WSE

Leather accessories distributor Wittchen wants to float shares on the Warsaw Stock Exchange, reaching first for the NewConnect market, Puls Biznesu reports. “We are indeed considering a bourse debut,” the company’s CEO Jędrzej Wittchen told the daily. “The planned private share placement is estimated at PLN 20-30 million.” The share issue will be carried out in the spring of 2015 at the earliest and the proceeds will finance the company’s development. “It is too early to give more details,” the CEO said. Wittchen stressed that his company is not yet certain about the debut as it is also considering other financing options.