Published: October 10, 2012
Polish exchange welcomed 26 new companies duirng Q3.
Poland’s Warsaw Stock Exchange (WSE) saw more initial public offerings than any other exchange in Europe during the third quarter of 2012.
According to some number crunching from accountancy firm PwC in its quarterly IPO Watch Europe, the WSE saw 26 IPOs during the period – two on its Main Market and 24 on NewConnect, an alternative trading system for smaller companies.
These deals represented more than 46% of all IPOs on European markets during the third quarter.
Ranked by value, however, the region’s exchanges show a different story – the €14mn (US$18mn) raised through IPOs on the WSE places the exchange behind London (€4.3bn), Luxembourg (€54mn) and Deutsche Bourse (€26m).
The biggest IPO on the WSE during the third quarter was that of KDM Shipping, a Ukrainian transport company that raised €6.2mn.
Click here to read our Central and Eastern Europe equities roundtable from earlier in the year, held at the WSE.