PKO BP has revealed that in a recent PLN 5.24bn sell-off of shares, more than half of the 150 buyers were Polish-based pension and investment funds. Around 24 percent of them came from Great Britain, followed by United States investors (6 percent). The Polish Treasury announced it was extending the offering, which offers a 2.79 percent discount valuation price compared to PKO BP’s January 22 closing. Poland’s Treasury will be left with a 31.37 percent share in PKO BP, making it the bank’s majority shareholder.
