“The management board of the KCI company, indirectly controlled by Grzegorz Hajdarowicz, concluded an agreement with Deloitte Advisory on advising on the review of strategic options for the subsidiary Gremi Media,” we read on Parkiet.com.
One of the options is to sell shares through an open process of obtaining purchase offers from interested investors. Others are also acquiring a strategic and financial investor or concluding strategic alliances. If necessary, Gremi Media may be withdrawn from NewConnect.
KCI is the main shareholder of Gremi Media, it owns a 75 percent stake. in the capital and 81 percent. in the total number of votes.
Gremi Media is the publisher of “Rzeczpospolita”, “Parkiet”, and since January this year. also “Sport”, as well as the main shareholder of e-Kiosk, the largest e-press distributor in Poland. Grzegorz Hajdarowicz’s group invested in the publishing house in 2011. In 2017, Gremi Media made its debut on the small stock exchange. Adjusted EBITDA in 2020 amounted to PLN 22.6 million – five times as much as in 2017, and operating profit – eight. The net profit jumped from PLN 0.69 million three years earlier to PLN 16.5 million in 2020 – Parkiet.com reminds.
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