Warsaw Exchange <\/A>would
better complement the distributor's geographic focus. He revealed the move is
currently pending approval from the Polish Securities and Exchange Commission,
which would see it officially listed around the start of October. <\/P>
‘Asbis distributes into the entire EMEA, but focuses
mostly on the Central and Eastern Europe, former Soviet Union and Middle East
regions,’<\/EM> he said. ‘We deem that Warsaw Stock Exchange is situated in
the middle of where we operate, as opposed to London, which is totally Western
Europe. Warsaw Stock Exchange has now become a regional exchange for the whole
of Eastern Europe. It is very well regulated and offers very good liquidity,
which we consider to be a very strong point. It's very much investor-friendly as
opposed to many other exchanges in the region,’<\/EM>
he added.
Asbis asserts the Middle East is one of its key regions, a
claim which the distributor backed up by recording revenues from the region of
over US$68m last year. Tziamalis reckons getting listed in Warsaw will further
elevate its business in the Middle East. ‘The company will be strengthening
its operations across all the regions it operates in, especially the Middle East
which is an area of great interest for the company. We anticipate that our
Middle East operation will be boosted by another listing for the company,’<\/EM>
he concluded.<\/P>
Asbis was floated on the London Stock Exchange less than a
year ago, and its efforts to get listed onto the Warsaw Stock Exchange raises
doubts over its future in the Square Mile. But Tziamalis insists that, for now,
the distributor is keen to continue operating on both fronts.<\/P>
‘AIM is a stronger and very well-known stock
exchange, but for a company like ours, it's not the best when it comes to
liquidity. This is something we will decide upon the success we see in Warsaw,
but we are not currently thinking of de-listing from the London Stock Exchange.
Currently we are looking for a dualistic model,’<\/EM>
he disclosed. <\/P>
<\/p>\n","protected":false},"excerpt":{"rendered":"
By Dawinderpal Sahota, ITP.net, on
Thursday, 02 August 2007
Components distributor Asbis has revealed intentions to float shares
on the Warsaw Stock Exchange later this year, and believes the move will aid the
aspirations of its operation in the Middle East and Africa, as well as Eastern
Europe.
The distributor – which is already listed on…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[22],"tags":[],"class_list":["post-603","post","type-post","status-publish","format-standard","hentry","category-press"],"yoast_head":"\n
ASBIS Reveals Plans for New Listing - ASBIS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.asbis.com\/news\/press\/asbis-reveals-plans-for-new-listing-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ASBIS Reveals Plans for New Listing - ASBIS\" \/>\n<meta property=\"og:description\" content=\"
By Dawinderpal Sahota, ITP.net, on
Thursday, 02 August 2007
Components distributor Asbis has revealed intentions to float shares
on the Warsaw Stock Exchange later this year, and believes the move will aid the
aspirations of its operation in the Middle East and Africa, as well as Eastern
Europe.
The distributor – which is already listed on...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.asbis.com\/news\/press\/asbis-reveals-plans-for-new-listing-2\/\" \/>\n<meta property=\"og:site_name\" content=\"ASBIS\" \/>\n<meta property=\"article:published_time\" content=\"2007-08-03T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-28T14:35:17+00:00\" \/>\n<meta name=\"author\" content=\"Administration\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Administration\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/news.asbis.com\/news\/press\/asbis-reveals-plans-for-new-listing-2\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/news.asbis.com\/news\/press\/asbis-reveals-plans-for-new-listing-2\/\"},\"author\":{\"name\":\"Administration\",\"@id\":\"https:\/\/news.asbis.com\/news\/#\/schema\/person\/a9085ccc933f6ef29b2f1f80158ffaa1\"},\"headline\":\"ASBIS Reveals Plans for New Listing\",\"datePublished\":\"2007-08-03T00:00:00+00:00\",\"dateModified\":\"2023-07-28T14:35:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/news.asbis.com\/news\/press\/asbis-reveals-plans-for-new-listing-2\/\"},\"wordCount\":456,\"publisher\":{\"@id\":\"https:\/\/news.asbis.com\/news\/#organization\"},\"articleSection\":[\"ASBIS News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/news.asbis.com\/news\/press\/asbis-reveals-plans-for-new-listing-2\/\",\"url\":\"https:\/\/news.asbis.com\/news\/press\/asbis-reveals-plans-for-new-listing-2\/\",\"name\":\"ASBIS Reveals Plans for New Listing - 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By Dawinderpal Sahota, ITP.net, on
Thursday, 02 August 2007
Components distributor Asbis has revealed intentions to float shares
on the Warsaw Stock Exchange later this year, and believes the move will aid the
aspirations of its operation in the Middle East and Africa, as well as Eastern
Europe.
The distributor – which is already listed on...","og_url":"https:\/\/news.asbis.com\/news\/press\/asbis-reveals-plans-for-new-listing-2\/","og_site_name":"ASBIS","article_published_time":"2007-08-03T00:00:00+00:00","article_modified_time":"2023-07-28T14:35:17+00:00","author":"Administration","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Administration","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/news.asbis.com\/news\/press\/asbis-reveals-plans-for-new-listing-2\/#article","isPartOf":{"@id":"https:\/\/news.asbis.com\/news\/press\/asbis-reveals-plans-for-new-listing-2\/"},"author":{"name":"Administration","@id":"https:\/\/news.asbis.com\/news\/#\/schema\/person\/a9085ccc933f6ef29b2f1f80158ffaa1"},"headline":"ASBIS Reveals Plans for New Listing","datePublished":"2007-08-03T00:00:00+00:00","dateModified":"2023-07-28T14:35:17+00:00","mainEntityOfPage":{"@id":"https:\/\/news.asbis.com\/news\/press\/asbis-reveals-plans-for-new-listing-2\/"},"wordCount":456,"publisher":{"@id":"https:\/\/news.asbis.com\/news\/#organization"},"articleSection":["ASBIS News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/news.asbis.com\/news\/press\/asbis-reveals-plans-for-new-listing-2\/","url":"https:\/\/news.asbis.com\/news\/press\/asbis-reveals-plans-for-new-listing-2\/","name":"ASBIS Reveals Plans for New Listing - 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Constantinos Tziamalis<\/STRONG> , investor relations and credit director at Asbis,
reckons the