WSE excludes Global City shares
11:43
Due to the completion of a buyback of shares in multiplex cinemas, Global City Holdings was excluded from the Warsaw bourse on September 28, the company reported.
As a result of transactions carried out between 22 and 28 September, Global City Holding along with dominant entities will have over 51 million of own shares.
Operating as a nonpublic company will allow Global City Holdings to focus on implementing real estate projects (Park of Poland among others), the firm informed earlier.
Global City Holdings (previously Cinema City International) is the largest operator of multiplex cinemas in the CEE region and Israel. It has been listed on the WSE since 2006.