Pepco Group falls on major shareholder stake sale

Pepco

28/01/2026 08:16

**  Discount retailer Pepco Group's PCO.WA shares fell as much as 3.7% after its main shareholder Ibex Group sold around 49 million shares in an accelerated book-building process

** The shares were sold at 27.75 zlotys each, a 7.5% discount to the previous closing price

** "The deal opens the door for further share supply after a 90-day lock-up period expires, which could weigh on sentiment towards the company," Trigon analyst Grzegorz Kujawski said in a note

** As of 08:15 GMT, shares of the company were down around 3%, leading the losses in Poland's blue-chip WIG20 .WIG20 index

 (Reporting by Rafal Nowak)

 ((RafalWojciech.Nowak@thomsonreuters.com; +48 58 769 66 63;))