During the first listing on the New Connect, share prices of TMS Brokers went up at the opening by 30.98%, to reach PLN 79.90.
In the public offer before stock market launch investors had bought shares for PLN 61.
"The market gave us confidence because we had demonstrated a strong financial base of the company.
We will be running a transparent dividend policy. Today’s successful listing shows investors’ awareness of the huge potential for development", said the president of TMS Brokers, Mariusz Potaczala.
The investors could draw from over 1.395 mln shares sold within the framework of the public offer. This constitutes slightly over 39% of the company share capital. 95% of all investors were pension and investment funds. The value of shares sold under the public offer was over PLN 85 million.
It has been the largest sale to date in the history of the New Connect market."I intend to use part of the funds obtained from the sale of my package of shares to create the first hedge fund in Poland. It will specialise in investment on foreign exchange markets and in forward agreements. This will be an absolute novelty on the Polish market", says Potaczala.