Bioton, Cyfrowy, PBG, Votum: Central European Equity Preview

The following is a list of companies whose shares may have unusual price changes in central European markets. Stock symbols are in parentheses after company names. Share prices are from the last close.

Poland’s WIG20 Index rose 0.2 percent and Hungary’s BUX Index increased by less than 0.1 percent. The Czech PX Index fell 1 percent.

Asseco Poland SA (ACP PW): Polish pension fund Aviva OFE exceeded a 10 percent stake in central Europe’s largest software maker, Asseco said in a regulatory statement. Asseco dropped 1.8 percent to 54.1 zloty.

Bioton SA (BIO PW): The Polish drugmaker signed a 15-year deal with GlaxoSmithKline Plc to distribute Bioton’s insulin in Russia, according to a regulatory statement by the Warsaw-based company.

Separately, Tauron Polska Energia SA (TPE PW), Poland’s second-largest power utility, will replace Bioton in Warsaw’s WIG20 Index as of Dec. 20. Tauron advanced 1.5 percent to 6.89 zloty. Bioton slumped 13 percent to 0.14 zloty.

Cyfrowy Polsat SA (CPS PW): Zygmunt Solorz-Zak, who controls Poland’s biggest satellite television broadcaster, pledged Cyfrowy’s shares as collateral by the end of June in the deal that Elektrim SA signed with Deutsche Telekom AG, Vivendi SA, Poland’s government, and its creditors. Cyfrowy fell 1.7 percent to 17 zloty.

PBG SA (PBG PW): Poland’s largest builder by market value and Spain’s Obrascon Huarte Lain SA, which had said it may buy a stake in Hydrobudowa Polska SA (HBP PW) from PBG, will present a strategy for Hydrobudowa at a Dec. 29 meeting with investors, Parkiet newspaper reported, without saying where it got the information. PBG fell 2.2 percent to 211.3 zloty. Hydrobudowa was unchanged at 3.2 zloty.

Telekomunikacja Polska SA (TPS PW): Poland’s biggest phone company and Deutsche Telekom AG’s subsidiary Polska Telefonia Cyfrowa Sp. z o.o. signed a deal to share mobile networks in Poland. Telekomunikacja declined 1.3 percent to 16.45 zloty.

Votum SA (VOTA PW): The Polish financial-services company will start trading on the Warsaw Stock Exchange.

To contact the reporters on this story: Pawel Kozlowski in Warsaw pkozlowski@bloomberg.net; Maciej Martewicz in Warsaw at mmartewicz@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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