It the opening of quotations the shares cost PLN 140.5, i.e. 3.31 per cent more than the sale price in the public offering. During the first minutes of quotations, capitalisation of JSW has amounted to almost PLN 15.3 billion, which makes it one of the largest companies in that respect, listed on the Warsaw floor.
“This is a very important moment for us; we become a public company, overcoming stereotypes stating that the Warsaw Stock Exchange is not for mining companies. I think that today we blazed a rout for other companies from our sector,” said Jarosław Zagórowski, President of JSW. “We have much work to do in order to effectively execute the strategy as well as the declarations, which we have made to shareholders. We want to build our value with calm and stability.”
President Jarosław Zagórowski received form Ludwik Sobolewski, President of the Warsaw Stock Exchange, a statuette of a bull symbolising success in quotations and a certificate confirming JSW’s presence among listed companies. During the ceremony, which was held in the dealing room of the WSE in Warsaw, the stock exchange bell rang for JSW, announcing the beginning of the company's quotation.
The debut of JSW, an event of an utmost importance, was attended by numerous guests. Among them there were present representatives and many employees of JSW, Ministry of Economy, Ministry of State Treasury – the main shareholder, advisors, as well as investors, who joined the company as a result of its public offering of shares. Minister of State Treasury, Aleksander Grad said that the debut of Jastrzębska Spółka Węglowa showed the strength of our economy and the global position of the Warsaw Stock Exchange – an unquestioned leader in Central and Eastern Europe. Minister Grad underlined that the increase in the JSW shares by more than 3 per cent at the opening proved the company’s huge potential and growth power. Waldemar Pawlak, Deputy Prime Minister, who also attended this extremely significant event, said that it was a very good day for investors because investment in shares of such a company, producing goods necessary for industry, provided the economy with reliable and durable prospects for an increase in investment.
