2025-11-21 09:36
publication
2025-11-21 09:36
The share price of Cognor dropped by as much as 21 percent on Friday's session. to PLN 5.27, with a 1% drop in sWIG80. The sell-off took place at high turnover. This is how investors reacted to the agreed issue price of shares in the company's SPO, in which Cognor raised PLN 300 million.
In the first 30 minutes of the session, the turnover on Cognor shares amounted to approximately PLN 6.9 million, and the turnover on shares of all companies listed in sWIG80 amounts to PLN 13.1 million. The decline in Cognor's share price brought the share price to its lowest level since November 2024.
Cognor Holding, after conducting an accelerated book-building process, determined the final number of sold shares subject to the PS Holdco offer at 43.58 million and the final number of new issue shares at 60 million. The price of one share in both offers was set at PLN 5. (PAP Business)
Cognor Holding will obtain PLN 300 million for investments from SPO
As a result of the SPO, Cognor Holding will obtain PLN 300 million, among others. for the development of technology for the production of special steels for the arms sector and for increasing the production capacity of billets at the steel plant in Gliwice – the company announced in a press release.
pam/ osz/
