Profil:
Ciech SAPoland's financial watchdog agrees on withdrawal of Ciech shares from WSE trading
Poland's financial market regulator KNF authorised the withdrawal of Ciech chemicals shares from trading on the Warsaw Stock Exchange as of March 6, KNF said in a release on Monday.
In September 2023, KI Chemistry invited bids to sell up to 3.981,190 Ciech shares, representing approximately 7.55 percent of the company's share capital and votes at the general meeting, at PLN 54.25 (EUR 12.58) apiece.
In November, KI Chemistry announced a squeeze-out of 2.409,045 Ciech shares, representing approximately 4.57 percent of the share capital.
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