Start the trading in the Waberer’s International Plc. shares on Thursday on the Budapest stock exchange (BSE), per share 5100 huf starting price, which is consistent with the recently completed stock sale established exchange rate.
The formal trade launch ring after Végh Richard, the Budapest stock exchange Zrt. president and ceo of said: the company’s successful ipo transaction after the shares is the premium in trading. The total transaction value of more than 24 billion huf, the company’s 3 million new shares issuance of 15.5 billion forint fresh capital in which a part of the Polish Link transport the acquisition will be used. The transaction 860 thousand shares subscribed in the retail investors, 4,4 billion huf in value.
Pointed out that the introduction of milestone in the BSE’s life, that size transaction for the last almost two decades of precedent: in 1999 Antenna Hungária stock market associated with the introduction of transaction was of a similar magnitude. A larger market value company in 1997 was the last time the BSE on Matáv.
MTI Photo: Máthé Zoltán
The BSE’s chairman and ceo pointed out that the Hungarian investment environment is favourable, the stock market performance at the beginning of 2015 compared to more than doubled, the BUX 114 percent increase. This is on the one hand, the Hungarian economic performance, on the other hand, the listed companies ‘ performance can be traced back. Just in June, six times, decided to record the BUX. The traffic in the first half in 20 percent rise last year compared to the average of indicator.
Végh Richard the Waberer`sről tell you: the transport engaged group of Hungary’s 50 largest companies include the turnover based on market leader in europe in the segment, and nearly seven thousand employees.
The company’s total market value of the introductory price calculated is more than 90 billion huf, with the 6. largest market capitalization of a company the BSE-en, and in the fall it is expected BUX-review is expected to the 5. maximum weight of paper will be in the index.
The president and ceo of the Waberer’s stock market introduction of forward called the stock market’s future development as well. The experience shows that the retail interest in the year’s first four months of the year significantly increased the share of investments for end of April to 390 billion huf in value has been the households in JERUSALEM to introduced shares, which is 15 percent growth last year compared to year-end, he said. The BSE 2020 adopted strategy says you want to increase the stock emissions numbers, the current serious result in this – he noted.
In Francis, the Waberer’s Plc. ceo of said: the company has managed liquidity and on the capital markets show that the group’s faster growth allows, and the Polish Link transport acquisition.
Explained: the primary capital 50 million euros, which means that the Link to the acquisition plan, the 100 percent achieved. He added that further acquisitions are also planned. You call it a success that domestic and international institutional investors by the Hungarian small investors also represented a considerable ratio in the underwriting process.
