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The Polish Security Printing Works (PWPW) sells all its shares held in Polskie ePłatności company
 (22-06-2016)

Another 50% of PeP shares, held by PWPW, were bought by OPTeam, a stock exchange listed company.

6 years after the establishment of Polskie ePłatności company - the electronic payment authorization and settlement center, intermediary between the issuer of payment cards or the payment organization and the seller in the process of authorization and settlement of non-cash transactions, Polish Security Printing Works finalized the transaction of sale of its shares to OPTeam for PLN 75 million.

The transaction was executed after BDO conducted a full transaction process with the participation of potential investors from Poland and abroad. The project enjoyed great popularity. Out of almost 50 entities to whom the offer was addressed, a dozen or so participated in the project analysis. Finally, OPTeam S.A. – the second of the shareholders bought 50% of shares giving the right to 58.84% of votes at the General Shareholders’ Meeting of PeP. 

The proceeds from the sale of PeP's shares will be spent on new investments and technologies, projects requiring patents and upgrading of the existing laboratories – assured Piotr Woyciechowski, President of the Management Board of PWPW.

PWPW (Polish Security Printing Works)

1 R. Sanguszki Street
00-222 Warsaw, Poland
See on map
tel. (+48) 22 235 20 00
fax (+48) 22 235 24 50
pwpw@pwpw.pl