Gielda Papierów Wartosciowych w Warszawie S.A. agreed to acquire AMX l Armenia Securities Exchange, OJSC, from Central Bank of the Republic of Armenia for for approximately AMD 870 million.
May 23, 2022
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Gielda Papierów Wartosciowych w Warszawie S.A. (WSE:GPW) agreed to acquire AMX l Armenia Securities Exchange, OJSC, from Central Bank of the Republic of Armenia on May 19, 2022. Gielda Papierów Wartosciowych w Warszawie S.A. (WSE:GPW) signed a share purchase agreement to acquire AMX l Armenia Securities Exchange, OJSC, from Central Bank of the Republic of Armenia for approximately AMD 870 million on May 24, 2022. The GPW Management Board and the GPW Supervisory Board approved the acquisition of shares in AMX on May 19, 2022. The Central Bank of Armenia will maintain 25.02% of shares, and the remaining 9.95% are the AMX's own shares.
Gielda Papierow Wartosciowych w Warszawie SA (Warsaw Stock Exchange, GPW) is a Poland-based stock exchange. It is a parent entity of WSE Group that offers products and services within its trading markets of equity, derivate, fixed income and structured products. It also distributes market data. The Company has two business lines: Financial market, which includes trading in equities, derivatives, fixed-income and other instruments, listing, and information services; and Commodity market, which includes trading in electricity and property rights in certificates of origin, operation of a register of certificates of origin, clearing, trade and technical trade operator services. As of December 31, 2011, it operates two wholly owned subsidiaries, WSEInfoEngine SA, providing data transmission and information services; and Instytut Rynku Kapitalowego WSE Research SA, engaged in publishing; as well as 92.47%-owned BondSpot SA.
Gielda Papierów Wartosciowych w Warszawie S.A. agreed to acquire AMX l Armenia Securities Exchange, OJSC, from Central Bank of the Republic of Armenia for for approximately AMD 870 million.