Zelmer's debut on WSE exceeds all expectations

Individual investors who received a 2% discount could earn as much as 39.5% on the debut. Such a high price surprised everyone. "It surpassed even my most daring expectations," admitted the company's president Andrzej Libold. He revealed that he had expected a figure around zł.15.10-15.50. According to analysts, there are several reasons behind such a spectacular debut. First of all, the reduction of the shares in the tranche for individual investors amounted to almost 98.7% which is a record in the history of the Warsaw bourse. Moreover, it was revealed that Enterprise Investors acquired 24.99% of Zelmer's shares and wants to increase its stake in the company to almost 50%. (Puls Biznesu, pp. 1,6, Parkiet, p. 2) E.B.