Pannunion Csomagolóanyag Nyrt. IPO
Trade in the shares of Pannunion Packaging Materials Public Limited Company opened
at the BSE on 30 September 2008.
Pannunion applied for an IPO at the BSE on 23 September 2008. By 26 September,
it submitted to the BSE all the requisite documents that are requested by the
BSE’s Regulations for Listing, Continued Trading and Disclosure.
On the basis of the available documents the Chief Executive Officer of the BSE
decided that, as from 30 September 2008, trade may commence in the 26,949,830
shares (nominal value HUF 100, total value: HUF 2,694,983,000) of Pannunion in
the Shares “B” category of the BSE’s Shares Section.
Pannunion joined the Club of Stock Exchange-Ready Companies (Hungarian acronym:
TCK) on 1 August 2007 and it is the ninth member of that club to have an IPO at
the BSE. The IPO was supported by the relevant incentive programme of the Ministry
for National Development and Economy.
Pannunion’s IPO has been the fourth such event at the BSE in 2008.
