- It has been seven years on 31 August since NewConnect launched
- The capitalisation of all companies listed on NewConnect is more than PLN 10.37 billion
- Within the seven years, 31 companies have transferred from the alternative trading system to the WSE Main Market
438 companies (including 10 foreign companies) with a total capitalisation of PLN 10.37 billion and more than PLN 3.6 billion raised in IPOs and SPOs (as at the end of July 2014) describes the seven years in business of NewConnect, WSE’s alternative stock market.
Among all companies listed on NewConnect, 10 are foreign companies. Three companies are registered in the Czech Republic, two in Cyprus, one in Bulgaria, the Netherlands, Switzerland, the USA and the UK each.
Within the seven years, no less than 31 companies have transferred from NewConnect to the Main Market. The 32nd company to transfer tomorrow is Termo-Rex, an expert in the heat processing of steel elements.
17 companies have been newly listed on NewConnect in 2014 alone.
The biggest proportion of companies listed on NewConnect operate in the trade industry (66 companies plus another 8 e-commerce operators) and in other services (62). A significant proportion of companies specialise in financial services (45) and IT services (42).
Source: WSE data
In terms of the geographic distribution of companies listed on NewConnect, issuers from the Mazovian Region predominate (170 companies). A strong proportion of companies are registered in the Regions of Lower Silesia (59) and Silesia (57).
Source: WSE data
Within the seven years, NewConnect has become the second largest European alternative market as measured by the number of listed companies.
Source: FESE data, websites of London and Milan Stock Exchanges, as at July 2014
In mid-2013, WSE implemented a reform of the NewConnect market by introducing modifications aimed at improving the quality and safety of the market both for issuers and investors. Amendments were made to the ATS Rules including the terms of introduction of financial instruments into trading and the scope of information documents while the disclosure obligations of companies and the requirements applicable to Authorised Advisors were made more stringent.
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Warsaw Stock Exchange is the biggest securities exchange in Central and Eastern Europe. WSE organises trading on one of the most dynamically growing capital markets in Europe. WSE operates a regulated market of shares and derivative instruments and the alternative stock market NewConnect for growing companies. WSE is developing Catalyst, a market for issuers of corporate and municipal bonds, as well as commodity markets. Since 9 November 2010, WSE is a public company listed on Warsaw Stock Exchange. For more information visit http://www.gpw.pl.