Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

WSE Maintains A High Position On The European IPO Market

Date 08/10/2009

According to the latest PricewaterhouseCoopers IPO Watch Europe report, the Warsaw Stock Exchange maintains a high position on the European market of initial public offerings. After three quarters of 2009, the WSE ranked second in Europe by the number of IPOs and third by the value of offerings. The WSE remains the unchallenged leader in the region of Central and Eastern Europe.

During the first three quarters on 2009, both WSE-organized equities markets witnessed 22 new listings. Only NYSE Euronext had more IPOs in this period (23 new listings).

With 6 IPOs on its Main List, the Warsaw Stock Exchange was the leader among European regulated markets. The LSE and NASDAQ OMX regulated markets came second ex aequo with 4 new listings each.

NewConnect had 16 new listings in the first three quarters of 2009, the second highest number among alternative markets in Europe after the markets organised by NYSE Euronext (22 new listings).

In terms of the value of IPOs (according to PwC methodology), issuers raised EUR 140 million in total on the two WSE equity markets, placing the WSE in the third position in Europe in the three quarters of 2009. The highest value of IPOs was reported by the LSE (EUR 1,133 million) and the Luxembourg Stock Exchange (EUR 840 million).

Of the EUR 140 million, the WSE Main List accounted for EUR 130 million, ranking as the second largest regulated market in Europe by the value of IPOs in the three quarters of 2009, after the LSE (EUR 481 million).

NewConnect issuers raised EUR 10 million, placing the Warsaw alternative market on the fifth position in Europe by the value of IPOs, after the Luxembourg Stock Exchange (EUR 840 million), the LSE (EUR 652 million), the Oslo Exchange (EUR 84 million) and the Milan Exchange (EUR 16 million).

PwC IPO Watch Europe