IPO. Smyk is getting closer to the stock exchange. The Polish Financial Supervision Authority approved the prospectus of the planned public offering

The Polish Financial Supervision Authority approved the prospectus of Smyk Holding, prepared in connection with the planned public offering of shares, the Commission announced in a press release.

On October 8, Smyk Group announced its intention to conduct an initial public offering of shares and list the shares on the WSE. Smyk expected that gross proceeds from the issue of new shares would amount to approximately PLN 150 million.

The offer is to cover new shares issued by Smyk and the sale of some existing shares by AMC V Gandalf SA, currently the sole shareholder of the company.

Smyk operates on the children's products market in Poland. According to a report prepared by the strategic consulting company OC&C, in 2024 the group owned 14.3 percent. share in the main target market, including children's fashion, toys and games, and children's equipment and accessories.

In addition to its domestic operations, the group is strengthening its position as one of the leading retailers of children's products in the Central and Eastern European region, expanding its operations in Romania and planning further expansion on selected CEE markets. (PAP Biznes)

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