Connect with us


Huuuge begins trading on the Warsaw Stock Exchange of Poland




Social game developer Huuuge began trading on Poland’s main Warsaw Stock Exchange, in what it said was the largest mobile games IPO ever in Europe.

The IPO is valued at PLN 1.67 billion (322.6 million / 372.0 million / $ 451.4 million) and is also considered the largest IPO of a company in the securities industry. games in WSE history.

Huuuge has raised around PLN 565.0 million of gross proceeds from the offering, which the developer says will be used for potential acquisitions and also to fund its long-term future growth plans.

The IPO plans were first announced in January, while Huuuge presented details about the offering price this month. It also announced in January its intention to use more than 90% of the PLN 565 million it has raised through the sale of new shares to continue acquisitions of other social game studios.

The offering price was set at PLN 50 per share, implying that the market capitalization of the developer when listed would be PLN 4.2 billion.

Following the offer, the major shareholders of Huuuge are its founder and CEO, Anton Gauffin, who now owns, indirectly through Big Bets O, shares representing 30.68% of the total shares.

The Raine group also owns shares representing 12.96% of the total votes.

In terms of other investments, the IPO has attracted the interest of investors in more than 20 countries around the world.

Now we are not only an international company but also a public company which makes us even more global as we make our brand accessible worldwide and investors around the world have the opportunity to share our success, said Gauffin.

We are pleased with the strong demand for the company’s shares from major Polish and international financial institutions as well as retail investors in Poland.

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

picture credit


to request, modification Contact us at Here or [email protected]