Wednesday, June 24, 2015

The collapse in share prices Ursus. Should mistake the company – Money.pl

2015-06-24 16:51

 The collapse of share prices of Ursus. Wine mistake of the company

[Photo: Pibwl / Wikimedia (CC BY-SA 3.0)]

Stocks Ursus today just after 15:00 losing 13.8 percent compared to prices from the end of Tuesday’s session . The reason was a report the company published about 14:51 where you can read, that the company intends to issue new shares at a price of 2 gold apiece, well below the current rate securities firm. As it turned out it was a tragic mistake.

The information concerned the issue of 15 million shares. Quickly, the company issued a correction of the current report which states that the information “erroneously attached the resolutions adopted by the Annual General Meeting of Ursus SA last year, on 26 May 2014.”.

“The correction is due to a technical error – erroneous connecting Annex (pdf from last year) to the current report No. 20/2015 of 24 June 2015 “. – Written in the press release.

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At the peak of the shares manufacturer of agricultural machinery they were losing 13.8 percent and were valued at 2.81 dollars. After adjustment Ursus shares regained some value and cost 3.06 at 16.50 zlotys. That’s over 6 percent less compared to Tuesday’s closing prices.

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