In a market filing, Polimex has announced that Poland’s state-owned development agency ARP increased its stake in the firm to 22.48% of capital and voting rights at the GM (28,83 USD, -0,83%), following the registration of the N1- series share issue. At the same time, the company informed that Pioneer Pekao Investment Management raised its stake in Polimex to 5.61% following the registration of the M-series share issue. Our view: We expect this latest news to have a neutral impact on Polimex’s stock trading today.