Wirtualna Polska Holding WSE IPO

7/5/2016
IPO

Zl 294 million

$ 71 million

Completed

7/5/2016


Overview:

  •  Wirtualna Polska Holding (WPH), a Polish online media group, offered shares worth Zl294 million in its IPO on the Warsaw Stock Exchange. 
  • The issuer offered 9.19 million shares priced at Zl32 per a share, according to a May 7 2015 Unquote article. 
  • WPH gained Zl106 million in proceeds which the company designated for acquisitions. 
  • European Media Holding is a selling shareholder of WPH. European Media Holding previously owned a 37.9% stake in WPH, but a December 5, 2016 Reuters brief said that European Media Holding now owns an 11.86% stake in WPH. 
  • Innova Capital Fund owns a controlling stake in European Media Holding. 

Rani Mehta - Journalist

Jurisdiction:

Poland

Deal type:

IPO

Practice area:

Capital markets : Equity

Industry sector:

Technology and telecommunications


Firm:

Party: Wirtualna Polska Holding (Issuer)