LUG S.A. in a NC Lead segment

03 January 2013

 

We are very pleased to announce that LUG S.A. joined on 2nd of January 2013 to the leaders of alternative market of the WSE, qualified to the NewConnect Lead segment.

As a result of periodic review of indicators and conditions, the WSE distinguished among 429 issuers 13 best companies that stand out both in the quantitative criteria, as well as quality. Quantitative criteria mainly concern the sphere of capitalization and liquidity, which are particularly important for small stock market investors. Qualitative evidence focused around the level of fulfilling its disclosure obligations, including compliance with the Code of Best Practice for NewConnect.

- Segment NewConnect Lead is a distinction that brings a tremendous amount of satisfaction. I am pleased that efforts put into development are reflectedin our position in the capital market, and consequently put us among the 13 best issuers of alternative market - says Richard Wtorkowski, President of LUG .SA.

LUG S.A. has the ambition to move, in the shortest-term, to the main market of WSE. The company, paying great attention to the standards of the information obligations, waiting for the moment when the resumption of the proceedings before the Polish Financial Supervision Authority on the approval of the prospectus and the move to the main floor will be possible.

- The qualification to the NC Lead segment confirmed our our credibility and standing on NewConnect. I believe that the 2013 year will be a turning point for us and we use the segment as the trampoline and will be listed soon on the WSE - adds Richard Wtorkowski.

 

Full text of the WSE notice is located at the following link:
Notice of WSE of 21st December 2012 (NewConnect)

More information about NewConnect segments can be found at:
Segments of NewConnect