WSE fines Optimus S.A and suspends it from trading

Optimus failed to disclose that its capital had been increased, resulting in Michal Debski becoming the largest shareholder with close to a 30% stake after paying seven times less than the then stock price. The commission fined Optimus zl.0.5 million and excluded it from listing on WSE in the long term. Trade with Optimus' shares has been suspended. Monday will most likely be the first day trade is restarted, however, this will not necessarily be for long. Optimus has appealed to the commission to rethink its tough stance, blaming the previous president Michal Lorenc for the offense. He in turn has accused the current president Piotr Lewandowski of forging a regulation from the supervisory board on the new share release. The matter is being investigated by the prosecution. (Puls Biznesu, p.10) J.L.