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CIECH S.A. shares are included in the new, prestigious index of the Three Seas region stock exchange

CIECH S.A. shares are included in the new, prestigious index of the Three Seas region stock exchanges, which will include the largest and most liquid companies listed on individual markets of the Visegrad Group, Croatia, Romania and Slovenia. The WSE will be responsible for its calculation.

The index portfolio will include more than 100 of the most liquid stocks of companies listed on Central and Eastern European exchanges in Bratislava, Bucharest, Budapest, Ljubljana, Prague, Warsaw and Zagreb. Stocks participating in the index have to meet the liquidity criterion: average value of trading per session of at least EUR 90,000 in six months period.

The participation of stocks in the index will depend on their free float and will be capped according to the 5/10/40 rule (i.e. participation of the biggest stock is capped at 10%, aggregate participation of stocks weighing more than 5% is capped at 40%). The participation of stocks from any single country in the index portfolio will be capped at 50% (in practice, the cap applies only to stocks listed on GPW).

The new index will be published daily basing on closing prices converted at the exchange rate of the National Bank of Poland for local currencies, the euro, and the US dollar. The Warsaw Stock Exchange (GPW) will be responsible for the calculation and publication of the index. 


https://www.gpw.pl/Indeks?isin=PL9999998948 

CONTACT DETAILS

Mirosław Kuk, Press Spokesperson of the CIECH Group

miroslaw.kuk@ciechgroup.com, tel. +48 723 66 86 86

 

CIECH is an international, expanding chemical group, with a strong standing on European and global markets and with a stable strategic investor (Kulczyk Investments). The company exports its products to over 100 countries around the world, including soda ash, purified soda, salt, plant protection agents, epoxy and polyester resins, polyurethane foams, silicates, and glass packaging. CIECH manufactures products of the highest, world-class quality, which are further used to produce articles which are essential in the everyday life of people all over the world. At the same time, it combines a modern approach to business with the tradition of production which dates back to 1882. Since 2005, the company has been listed on the Warsaw Stock Exchange and, since 2016, on one of the largest stock exchanges in Europe: Börse Frankfurt. More information is available at www.ciechgroup.com

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