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Tuesday, April 17, 2007

Privatisation of Warsaw bourse to end by March next year.





Privatisation of Warsaw bourse to end by March next year. Privatisation of the Warsaw Stock Exchange (WSE) is to end in Q1/2008 at the latest, Deputy Treasury Minister Pawel Szalamacha said on Monday. The ministry wants to retain 51% votes at the AGM of the WSE and to sell several stakes of 5-10% shares to domestic institutional investors. Currently, the state treasury has a 98.80% stake in the initial capital of the WSE, the remaining 1.20% shares belong to banks, brokerage houses and securities' issuers. ISB







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