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On 23 August 2007, the WSE Management Board adopted a resolution enlarging the group of Authorised Advisers to the NewConnect market. Their number has risen to 44. Authorised Advisers will prepare issuers for an entry to the NewConnect market and support them by providing expertise in the early phase of trading in the market.
New company on the list of NewConnect Authorised Advisers:- Business Consulting Sp. z o.o.
Authorised Advisers are investment companies and other providers of business services including financial and legal advisory and audit. The role of the Authorised Advisers to the NewConnect market is to assist issuers in the preparation and approval of the relevant admission document. After the entry to NewConnect and for at least 1 year, the Authorised Advisers will support the issuers in complying with reporting requirements and provide them with consulting services concerning the issuers’ operation in NewConnect. The co-operation of the Authorised Advisers will improve the issuers’ chances of an attractive valuation.
NewConnect Authorised Advisers are authorised by the Warsaw Stock Exchange and put on the WSE Authorised Advisers list. The co-operation of the Authorised Advisers with issuers will help them to improve management quality and to effectively use the funds raised in shares issues in NewConnect. Hence, the WSE attaches a great importance to the reputation, experience, and reliability of the Authorised Advisers. The WSE licences the Authorised Advisers to use a special logo for their NewConnect operation.
There are currently 44 Authorised Advisers on the WSE list. The complete list of Authorised Advisers can be found at www.newconnect.eu under the tab “Authorised Advisers”.
