Gorenje is planning to step into the Warsaw stock market

Gorenje announced a call for the main assembly appointed for August 23.

The most significant topic on the agenda will be voting on increase of seed capital. Firstly, collection of EUR 9,68 mil is planned by issuing 2.320.186 new regular shares at the price of EUR 4,31 EUR per share, This capital increase is planned to enable the company Panasonic to enter the ownership. After change of in the ownership structure, the second capital increase of EUR 43,57 mil is underway through issuance of 10.440.835 regular shares at the price of EUR 4,31 per share, in two rounds.

The company management and the Supervisory board suggest listing of shares at the Warsaw stock market so that the share liquidity would improve.