Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

First Foreign Company Newly Listed On The WSE In 2013

Date 27/03/2013

  • International Personal Finance plc (IPF) is the 52nd foreign company listed on the WSE and the first foreign company to introduce its shares to the Main Market in 2013.
  • The consumer credit provider is the third British company listed on the Warsaw Stock Exchange.

IPF, a company to be listed on the Warsaw Stock Exchange as “Provident,” is the 44th foreign listing and the first foreign company to be newly listed on the WSE’s Main Market in 2013. The issuer is the 439th listing on the Main Market and the third new listing this year.

Following today’s debut, the two equities markets of the Warsaw Stock Exchange list 52 foreign companies (44 on the Main Market and 8 on NewConnect) from several countries. The biggest numbers of foreign listings are from Ukraine, the Czech Republic and Israel. The listing of yet another foreign company results from the WSE’s strategy aiming to attract to the Warsaw Stock Exchange more foreign issuers, including companies from outside Central and Eastern Europe (CEE).

249,425,087 IPF shares at an aggregate value of more than PLN 5.5 billion have been introduced to trading. The company has been listed on the London Stock Exchange since 2007. The reference price for the first trading session on the WSE was PLN 22.29. International Personal Finance plc is the holding company of an international group of short-term consumer credit providers. The Group is present in Poland, the Czech Republic, Slovakia, Hungary, as well as Romania and Mexico.

IPF’s new listing on the Warsaw Stock Exchange is another encouraging development in anticipation of the IPO Summit Warsaw 2013, an international conference for investors and issuers interested to raise capital, co-organised by the Polish Ministry of the State Treasury, the Warsaw Stock Exchange and the National Depository for Securities. The regional and global IPO market and the position of the CEE countries on the map of global capital markets will be the key topics of discussions at this year’s conference. IPO Summit Warsaw 2013 will bring to Poland several hundred foreign investors interested in the region, as well as representatives of companies planning to be listed on the WSE. The conference takes place on 6 – 7 June 2013. More information on the IPO Summit Warsaw 2013: www.iposummitwarsaw.com.