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Swissmed hopes for PLN 15m in offer, too much analysts say

APA - Austria Presse Agentur
opublikowano: 05-09-2005, 14:51

Warsaw (Puls Biznesu) – Swissmed, Poland’s listed private hospital, is going to sign in upcoming days agreements with brokerage which will conduct its issue. “We have finished internal preparations for the offer. I expect we will offer new shares to investors in the last days of September or at the beginning of October”, Rafal Wysocki from Swissmed said.

Warsaw (Puls Biznesu) – Swissmed, Poland’s listed private hospital, is going to sign in upcoming days agreements with brokerage which will conduct its issue. “We have finished internal preparations for the offer. I expect we will offer new shares to investors in the last days of September or at the beginning of October”, Rafal Wysocki from Swissmed said. The company is going to issue 5m shares.

According to unofficial sources, their price will amount to PLN 3,000 (EUR 759), which means PLN 15m for the issuer. The cash injection, however, may be much smaller. First, shares traded in the stock market today are nearly 20 percent cheaper. Second, the healthcare branch is not very popular among investors. “I’m planning a road show to convince investors to our shares”, Rafal Wysocki added.After two quarters of the year, Swissmed had PLN 1.3m of net loss.(PLN 1 = EUR 0.253)

Poland/Enterprises/Healthcare

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Podpis: APA - Austria Presse Agentur

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