Arctic Paper S.A. announces that from September 1, 2023, the company's shares will be traded on Warsaw Stock Exchange mWIG40 index. mWIG40 index is successor of MIDWIG index and has been calculated since December 31, 1997 and comprises 40 medium size companies listed at WSE Main List. mWIG40 is a price index and thus when it is calculated it accounts only for prices of underlying shares whereas dividend income is excluded.
"The move of our stock to the mWIG40 index confirms that the course of development of Arctic Paper is correct. It is also a proof that our position on the capital market is getting stronger. The mWIG40 index is monitored by many entities, so we believe that thanks to the promotion the company will gain the interest of a wider group of potential investors." said Michał Jarczyński, CEO of Arctic Paper S.A..