X-Trade Brokers DM S.A. listed on the Warsaw Stock Exchange
X-Trade Brokers Dom Maklerski S.A. (“XTB” or the “Company”), an international provider of trading and investment products in the OTC (over-the-counter) market, has joined the group of companies listed on the main market of the Warsaw Stock Exchange.
Today, at 9:00 a.m. XTB representatives hit the stock exchange bell and symbolically started trading shares of the Company on the WSE – 117,383,635 XTB shares in total had been introduced for trading on the main market of the WSE. In the initial public offering 16,433,709 shares were sold and the sale price was set at PLN 11.5 per share, which means the total value of the public offering of around PLN 189 million and the total market capitalization of XTB of around PLN 1.35 billion.
Joining the group of companies listed on the Warsaw Stock Exchange is a major part of our long-term business strategy. From today on our competitive strengths, such as the state-of-the-art technology and the diversified and constantly developing range of products and services, are being joined by yet another virtue much appreciated by our clients: transparency of our business model and financials. We hope that both existing and new shareholders will follow our further growth with interest, enjoying every success increasing the company’s value – said Jakub Maly, President of the Management Board of X-Trade Brokers Dom Maklerski S.A.