The management POL-MOT Warfama S.A., bearing in mind the running estimation of the situation on the capital market perfect by offering - the Millennium The Brokerage House S.A., came to a decision about the shift of planned on 22 November of the time-limit of the publication of the Prospectus.
Observed for some time past the worsening of moods on the Polish capital market into the essential manner diminished the interest of Polish investors with public offerings. Consequently the possibility of placing of the action of so good firms as POL-MOT Warfama S.A. on satisfying for them conditions is at present limited.
„We hope that the present position of the market to original soon will rally. Because we decided to push the time-limit of the publication of the Prospectus. We want because, so that investors be able to buy shares of our Company on the ground objective factors, particularly in consideration of of the perspective of the market of machines and devices for the agriculture or else the good financial form of the Company, and not running subjective to feel consequential from the form of the market” - said Grzegorz Bartosik, the President of the Board of POL-MOT Warfama S.A.
The new time-limit of the publication of the Prospectus will be introduced by the Management of POL-MOT Warfama S.A in the nearest time, after the further analysis of the position of the market and the consultation with the broker's office.
POL-MOT Warfama S.A. is one of leading on the Polish market of producers and distributors of machines and devices for the agricultural section. The company affects the very perspective market whose the dynamic development has its own source in the growing support from Union resources and the state budget. Only in years 2007 - 2013 within the framework of of the Program of the Development Of Rural Areas to the Polish farming section directed become together 17.2 milliard euros, whereof from the European Farming Fund to originate will be 13.2 milliard euros. The important part of these resources will be intended on the modernization of farms, particularly the purchase of the new equipment.