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The share price for the sale was at a fairly steep (12.3%) discount to XTB’s closing price on Monday of PLN 46.78.
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Poland based Retail FX and CFDs brokerage group XTB SA (WSE:XTB) closed out a record year for both Revenues and […]
The UK FCA warns that XTB Trading World is abusing the details of the authorized broker XTB.
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Monthly trading volumes averaged $198 billion at XTB during Q3 2023, up from $182 billion monthly in Q2.
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The revenue decline at XTB is mainly the result of lower volatility in the financial and commodity markets in Q2 2023.
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XTB’s offer in the UK market will include real stocks from the European and US stock markets and ETFs from the European markets.
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XTB had its best-ever year in 2022 with Revenues of PLN 1,444 million ($328 million) and Net Profit of PLN 765 million ($174 million).
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Until now, XTB’s offer in the MENA market was based on CFDs.
featured, Hubert Walentynowicz, Jakub Zablocki, WSE:XTB, XTB, XTB shareholders, XTB.com
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The share sale takes Jakub Zablocki’s ownership stake in XTB down to 61.02%, from 66.99% before the sale.
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Following the sale, Jakub Zablocki’s XX ZW Investment Group will continue to hold 71.63 million XTB shares, worth about $675 million.
