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List of Participants of Analytical Coverage Support Programme 4.0

2023-06-30 16:19:10

PRESS RELEASE

  • Analytical Coverage Support Programme 4.0 for 2023-2025, covering 59 Main Market companies, launches on 3 July 2023
  • To amplify the impact of the analyst reports on investor interest in the companies covered, the Programme framework has been modified: the new criteria for qualifying companies for in Programme 4.0 include the free float market value and the status of issuer on the GPW Main Market

In the Exchange’s Analytical Coverage Support Programme 4.0, investment firms produce analytical reports financed by GPW. The objective of the Programme is to improve the availability of analytical reports for less liquid companies, enabling investors to make informed investment decisions based on a reliable independent source of information about the issuers. A total of 59 companies listed on the Main Market have qualified to participate in the Programme.

“We are launching the fourth edition of the Analytical Coverage Support Programme for the period 2023-2025. Twelve investment firms take part in the edition 4.0, and they have proposed a total of 77 companies. In accordance with the Programme Rules, 59 companies have qualified for the Programme. Brokers will prepare analytical reports for them in the next two years, until the end of June 2025. We expect the first reports in the first half of September,” said Izabela Olszewska, GPW Management Board Member.

Companies representing 33 sectors of the economy will participate in the Programme 4.0, mainly software (5), new technologies (4), construction materials (4), and renewable energy (3). The capitalisation of the companies in the Programme ranges from approximately PLN 51 million to approximately PLN 2 billion, with an average capitalisation of approximately PLN 375 million (as at 31 May 2023).

List of companies qualified for the Programme and investment firms whose analysts will prepare analyses:

No.

Company

Investment Firm

1

ACTION S.A.

Dom Maklerski Banku Ochrony Środowiska S.A.

2

AGORA S.A.

Dom Maklerski BDM S.A.

3

AILLERON S.A.

Trigon Dom Maklerski S.A.

4

AMBRA S.A.

Bank Millennium S.A.

5

ARTIFEX MUNDI S.A.

Dom Maklerski BDM S.A.

6

ATENDE S.A.

Biuro Maklerskie Banku Pekao S.A.

7

ATM GRUPA S.A.

Dom Maklerski BDM S.A.

8

BIOMAXIMA S.A.

Dom Maklerski BDM S.A.

9

BIOMED-LUBLIN WYTWÓRNIA SUROWIC I SZCZEPIONEK S.A.

Dom Maklerski BDM S.A.

10

BIOTON S.A.

Noble Securities S.A.

11

BOWIM S.A.

Dom Maklerski Banku Ochrony Środowiska S.A.

12

BRAND 24 S.A.

Dom Maklerski Banku Ochrony Środowiska S.A.

13

CLOUD TECHNOLOGIES S.A.

Dom Maklerski Banku Ochrony Środowiska S.A.

14

CREOTECH INSTRUMENTS S.A.

Biuro Maklerskie Banku Pekao S.A.

15

DADELO S.A.

Trigon Dom Maklerski S.A.

16

DATAWALK S.A.

Dom Maklerski Banku Ochrony Środowiska S.A.

17

ELEKTROTIM S.A.

Dom Maklerski BDM S.A.

18

ENTER AIR S.A.

Dom Maklerski BDM S.A.

19

FERRO S.A.

Dom Maklerski Banku Ochrony Środowiska S.A.

20

GRODNO S.A.

Dom Maklerski Banku Ochrony Środowiska S.A.

21

IFIRMA S.A.

Bank Millennium S.A.

22

IMS S.A.

Bank Millennium S.A.

23

K2 HOLDING S.A.

Trigon Dom Maklerski S.A.

24

KINO POLSKA TV S.A.

Dom Maklerski BDM S.A.

25

MABION S.A.

Noble Securities S.A.

26

MARVIPOL DEVELOPMENT S.A.

IPOPEMA Securities S.A.

27

MCI CAPITAL ALTERNATYWNA SPÓŁKA INWESTYCYJNA S.A.

Noble Securities S.A.

28

MEDICALGORITHMICS S.A.

IPOPEMA Securities S.A.

29

MERCOR S.A.

Biuro Maklerskie Banku Pekao S.A.

30

MFO S.A.

Trigon Dom Maklerski S.A.

31

MIRACULUM S.A.

IPOPEMA Securities S.A.

32

ML SYSTEM S.A.

IPOPEMA Securities S.A.

33

MLP GROUP S.A.

PKO Bank Polski S.A.

34

MOSTOSTAL ZABRZE S.A.

Bank Millennium S.A.

35

NEWAG S.A.

Santander Biuro Maklerskie

36

NOVAVIS GROUP S.A.

Erste Securities Polska S.A.

37

OPONEO.PL  S.A.

PKO Bank Polski S.A.

38

PHOTON ENERGY N.V.

Noble Securities S.A.

39

PROCHEM S.A.

Dom Maklerski Banku BPS S.A.

40

QUERCUS TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH S.A

Biuro Maklerskie Banku Pekao S.A.

41

RAINBOW TOURS S.A.

Biuro Maklerskie Banku Pekao S.A.

42

RELPOL S.A.

Dom Maklerski BDM S.A.

43

SCOPE FLUIDICS S.A.

IPOPEMA Securities S.A.

44

SECO/WARWICK S.A

Erste Securities Polska S.A.

45

SEKO S.A.

Dom Maklerski Banku Ochrony Środowiska S.A.

46

SELENA FM S.A.

Trigon Dom Maklerski S.A.

47

SKARBIEC HOLDING S.A.

Biuro Maklerskie Banku Pekao S.A.

48

SONEL S.A.

Noble Securities S.A.

49

STALPROFIL S.A.

Biuro Maklerskie Banku Pekao S.A.

50

SUNEX S.A.

IPOPEMA Securities S.A.

51

SYGNITY S.A.

mBank S.A.

52

TOYA S.A.

Noble Securities S.A.

53

UNIBEP S.A.

Noble Securities S.A.

54

VIGO PHOTONICS S.A.

IPOPEMA Securities S.A.

55

VOTUM S.A.

Dom Maklerski Banku Ochrony Środowiska S.A.

56

VOXEL S.A.

Dom Maklerski Banku Ochrony Środowiska S.A.

57

XTPL S.A.

Erste Securities Polska S.A.

58

ZE PAK S.A.

Biuro Maklerskie Banku Pekao S.A.

59

ZUE S.A.

Dom Maklerski BDM S.A.

 

The Programme is open to companies listed on the Main Market as at 31 May 2023 (excluding those participating in the WIG20 index) which have not been covered by analyst reports in Polish in the last 12 months or have been covered by analyst reports provided by no more than one analyst (analyst reports containing a valuation and a directional recommendation). This number does not include analyst reports produced under previous editions of the Programme (a company which has participated in Programme 3.0 and is additionally covered by an entity outside the Programme may participate in the current edition). Additional requirements include the criterion of capitalisation of at least PLN 50 million (as at 31 May 2023) and free float exceeding 20% (as at 31 May 2023).

More than 2,400 reports have been published under the Programme since 2019. Analyst reports prepared in the previous three editions are available on GPW’s website and the websites of Exchange Members, and are distributed by major domestic and foreign agencies and industry media.    

***

The Warsaw Stock Exchange Group (GPW Group) operates trading platforms for shares, Treasury and corporate bonds, derivatives, electricity and gas, and provides indices and benchmarks including WIBOR and WIBID. The index agent FTSE Russell classifies the Polish capital market as a Developed Market since 2018. The markets operated by the GPW Group are the biggest in Central and Eastern Europe. For more information, visit www.gpw.pl