November 2, 2007 ASBIS News

ASBIS Wins Investors’ Trust

The leading Polish financial daily Parkiet highlighted ASBIS’ recent successful debut at the Warsaw Stock Exchange. We offer you an excerpt from the article.

“The Warsaw Stock Exchange building was fairly crowded on Tuesday. The reason for that was the activity of three companies – ASBIS, Integer, and Divicom. The first two celebrated their successful debut on the main market, while the third one joined the 12 firms listed on the alternative NewConnect market.

ASBIS, a Cyprus-based distributor of computer components, has become the number 62 overall and number 8 foreign company listed on the WSE this year. Over 55.4 mln shares have been introduced by the company to the exchange. On the debut day, ASBIS’ opening share price grew by 6.46 per cent reaching 6.92 zlotys. At the end of the day buyers paid 6.89 per share. In total, 130,000 shares changed hands.

“This is a historical day for our company and a leap forward in enhancing our international position. Thanks to the listing on the largest bourse in the region we count on increasing the liquidity of our shares”, said Marios Christou, ASBIS’ Chief Financial Officer.

ASBIS has raised around 49 million zlotys through the emission. The proceeds will be used, among other things, for the business development in the region…”