Brief: WSE Approves Purchase Of 65.03% Stake In Armenia Securities Exchange

Gielda Papierow Wartosciowych w Warszawie SA

20/05/2022 07:57

May 20 (Reuters) - Warsaw Stock Exchange  GPW.WA :
    * SAID ON THURSDAY MANAGEMENT HAS CONDITIONALLY APPROVED
ACQUISITION OF 65.03% STAKE IN THE ARMENIA SECURITIES EXCHANGE
(AMX)
    * GPW WILL ACQUIRE 967 ORDINARY SHARES OF AMX FOR 826.3
MILLION
ARMENIAN DRAM (I.E. 8.4 MILLION ZLOTYS)
    * SELLER, CENTRAL BANK OF ARMENIA (“CBOA”), CURRENTLY HOLDS
90.05%
STAKE IN AMX
    * ACQUISITION OF SHARES IN AMX BY WSE WILL DEPEND, AMONG
OTHERS,
ON RECEIPT OF REQUIRED CORPORATE APPROVALS
    * SUPERVISORY BOARD HAS APPROVED ACQUISITION OF 65.03% STAKE
IN
ARMENIA SECURITIES EXCHANGE


        
 Source text: https://bit.ly/3MB9pKo https://bit.ly/3LxZS5D
 Further company coverage:  GPW.WA  

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