Betting company STS Holding to IPO on Warsaw Stock Exchange

STS Holding announces its intention to conduct a public offering. The company plans to enter the main market of the WSE. It will be the first company from the betting industry listed on the Warsaw Stock Exchange.

The STS Group, headed by STS Holding, has been operating for almost 25 years and is currently the largest bookmaker in Poland in terms of turnover (based on estimates based on the data of the Ministry of Finance). STS also works abroad. It has licenses in Great Britain and Estonia, which enable it to offer services on several markets. The group has a wide range of sports betting, sports and esports events. In addition, the company runs an internet casino outside of Poland.

STS announces its willingness to conduct a public offering. It will be addressed to individual and institutional investors. The offer will only include existing shares, so STS Holding will not receive any proceeds from the IPO.

“Today we announce our intention to conduct an IPO and debut our shares on the WSE. We believe that a group such as STS Holding – with an excellent market position, high recognition and a strong management team – is attractive to Polish and foreign investors. Personally, I believe that entering the WSE will accelerate our development, strengthen the position of the absolute market leader in Poland and help increase brand recognition in the international arena, ”says Mateusz Juroszek, CEO of STS Holding.

About 10% of the offered shares will be allocated to individual investors.

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