Brief: PMPG Polskie Media plans to buy further 50% stake in 'Do Rzeczy' publisher

PMPG Polskie Media SA

01/11/2017 06:37

Nov 1 (Reuters) - PMPG POLSKIE MEDIA SA  PGMP.WA : 
    * SAID ON TUESDAY THAT IT INTENDS TO INCREASE ITS STAKE IN 
ORLE 
PIORO SP. Z O.O. TO 81 PERCENT FROM 30.9 PERCENT IT CURRENTLY 
OWNS 
    * ORLE PIORO IS A PUBLISHER OF 'DO RZECZY', 'DO RZECZY 
HISTORIA' 
NEWSPAPERS, AS WELL AS INTERNET PORTALS  WWW.DORZECZY.PL AND 
WWW.SUPERHISTORIA.PL 
    * ORLE PIORO HAD BEEN VALUED AT 23.4 MILLION ZLOTYS, WHILE 
THE 
50.1 PERCENT STAKE THE COMPANY INTENDS TO ACQUIRE AT 11.9 
MILLION ZLOTYS 
    * THE STAKE WILL BE ACQUIRED FROM MICHAL LISIECKI, THE 
COMPANY'S 
MAIN SHAREHOLDER AND MANAGEMENT BOARD MEMBER 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM8jNnNa 
     
 Further company coverage:  PGMP.WA   
    
 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))