Comp IT company acquires two firms this week

APA - Austria Presse Agentur
13-06-2005, 14:31

Warsaw (Puls Biznesu) – Comp, Warsaw listed IT company, is going to issue new shares soon. ‘After first quarter results, investors trust us much more and are interested in our shares’, Robert Tomaszewski, the chairman of the board said. Comp plans an offer of 445,000 new shares. Tomorrow, the company will publish its issue prospectus.

Warsaw (Puls Biznesu) – Comp, Warsaw listed IT company, is going to issue new shares soon. ‘After first quarter results, investors trust us much more and are interested in our shares’, Robert Tomaszewski, the chairman of the board said. Comp plans an offer of 445,000 new shares. Tomorrow, the company will publish its issue prospectus. It wants to raise PLN 20m to be spent on investment programme and acquisitions.

‘The offer will be conducted in June’, Robert Tomaszewski assured. Comp is currently buying two companies from funds raised in last year’s offer. ‘It is one important and one minor company. Everything is settled, we just need final agreement of our management’, the chairman said. Official announcements concerning these acquisitions will be published this week.

In 2004, due to financial operations, Comp had over PLN 2.6m (EUR 644,400) of loss. This year, it plans PLN 10m of net income. In the first quarter, Comp had PLN 1.8m of net income.

(PLN 1 = EUR 0.248)Poland/Enterprises/Computers

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Podpis: APA - Austria Presse Agentur

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