Dariusz Pachla, Managing Director of LPP. Although it will still associated with the company, but the information has been badly received by the shareholders, so the clothing giant in the early stages of today’s session was the leader declines among blue chips.
Dariusz Pachla resigned from his position as Vice President of LPP with effect on 31 December 2014. While still remains an employee of the company. Major shareholders of LPP offered him the office of member of the supervisory board. Dariusz Pachla accepted this proposal and the matter will be put to the vote at the next AGM.
– My decision is not related to professional issues. I recommended to my place close Przemyslaw Lutkiewicz employee, who for six years serves as a director. Controlling our firme – says in the press release posted on the LPP its decision Dariusz Pachla.
Dariusz Pachla served as vice president of LPP since 2000. He was responsible for the finances of the company, as well as oversee the investor relations area.
Information about changes in the management did not like the investors. LPP share price after this information has dropped to 8 600 zł, and so was more than 2% lower than Friday’s close.
The reason the negative market reaction can be seen in the role Dariusz Pachla held in the company. He was the most denouncing the general forum on the board of LPP. Many times when major shareholders clothing tycoon refused to answer difficult questions from the media, such as the optimization of tax by the co mpany from Gdansk, it is Pachla presented the position of the company.
Today’s events confirm that the last days are not the best time for the shareholders of LPP. The course of the company, after taken in early November again try to force the 10 000 zł per share, bounced to the south. Loss of investor who exactly a month ago invested in shares apparel giant is now close to 14%. Jedak is worth noting that three years ago LPP securities traded at 2 100 zł, so people who have the slightly longer term hold shares in the company, still on a solid black.
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