Warsaw (Puls Biznesu) – The company believes that it was unjust that its stock had been withdrawn from trading. It says that shareholders and the company will be adversely affected, and not the people responsible for the situation.
“Unless the securities and exchange commission KPWiG changes its mind and withdraws its decision to withdraw Optimus from trading, all our plans will fail. Which means that we will have serious problems”, Piotr Lewandowski, Optimus CEO said.
Does it mean bankruptcy?
“We will have to find a new way of operations”, the CEO said.
Several days ago the commission punished Optimus because it infringed the law concerning information. In June, the company issued shares. Michal Debski became the biggest shareholder with 30 percent stake. He paid seven times lower price than the stock was trading at.
“Optimus is being punished for the mistakes of its previous CEO Michal Lorenc. If we really have to pay PLN 500,000 (EUR 127,000) of fine, we will ask him for compensation”, Piotr Lewandowski said.
However, Michal Lorenc said that it was Piotr Lewandowski who falsified the decision of the supervisory board.
“The decision will disturb small investors first of all who constitute 60 percent of the shareholder structure”, Piotr Lewandowski warned.
The Association of Individual Investors joined his appeal.
The management of the Warsaw Stock Exchange decided that Optimus stock would be withheld from trading till September 20.
(PLN 1 = EUR 0.254)