Initial public offering in Poland, issuer manual
Abstrakt
The purpose of this thesis is to discuss in details all the procedures and steps that
must be completed on the path to debut as well as provide information about
construction of Polish financial market, types of Initial Public Offerings in Poland
and related external institutions. Furthermore, apart from analyzing Initial Public
Offerings conducted on the regulated market of Warsaw Stock Exchange, this
thesis provides the procedures for debutants on the alternative market called
NewConnect which is regarded as a brand new product of the Warsaw Stock
Exchange. Combination of the information, should enable issuers to made a
right decision on the type of the Initial Public Offering that should be conducted
in order to gain desired benefits. Moreover, all procedural information is written
in the understandable and clear way so that even people not related to financial
sector will have no problems with understanding all the steps that should be
followed on the path to debut. In the further sections, it presents the benefits flowing from entering the stock
exchange as well as the concerns that companies face before and after entering
the market. One also can find a description of main factors influencing a current
situation on the Warsaw Stock Exchange. Final sections of this thesis describe the
difference between the initial public offering concerning regulated market and
NewConnect as well as benefits coming from these markets. In addition, the
thesis mentions the NewConnect as an alternative opportunity for small and
medium enterprises. The information might help business owners to make
decisions on which method of gaining capital to use and why Initial Public
Offering is an interesting opportunity and alternative.
Opis
Słowa kluczowe
capital market, Poland, Warsaw Stock Exchange, alternative market NewConnect