Canal+ Polska, formerly known as ITI Neovision, has submitted a prospectus for approval to the Polish Financial Supervision Authority (PFSA).
In a statement, it says that although it and its shareholders have made no final decision about whether or not to proceed with an IPO, subject to the PFSA’s approval of the prospectus a further announcement about a potential offering is expected to be made in due course, taking into account market conditions and other factors.
It adds that regardless of the IPO preparation process and its actual outcome, Groupe Canal+ (part of the Vivendi SE group), a controlling shareholder of the company, confirms that it intends to maintain its current participation and role as a strategic shareholder in the Canal+ Polska.
Edyta Sadowska, president of the Management Board, said: “Canal+ Polska is firmly established as Poland’s leader in premium TV. Our commitment to quality and innovation is reflected in our track record of growth, consistently expanding our subscriber base since 2016. We are now enriching our offer with the recent launch of our Canal+ (OTT) streaming service and management will continue to implement its strategy while our shareholders consider the next steps in the potential IPO process”.
Canal+ Polska first announced that it is considering an IPO in January this year.
