(1 907 CZK, -0,10%) gave up its plans to list its shares in WSE, according to HN Daily. Warsaw’s stock exchange did not satisfy two CME’s conditions: on reporting according to US GAAP standards and reporting in English only.
Our view: We view the news as neutral. Removing the obstacles for Polish institutional investors to invest in stock is unlikely to lead to any price movement, since no longer trades with the discount to its closest peer, Polish (23 PLN, 0,00%).