Going on the offensive

Radosław T. Krochta, vice-president of the board of MLP Group:No, it does not, because the planned offering will mostly consist of new shares and a small number of shares sold by our current shareholders. An additional element of the offer is a lock-up agreement that limits the sale of shares by current shareholders for a year. This is not your first attempt at a flotation. You submitted a prospectus in 2010, but the IPO did not take place. Then you were planning to raise PLN 100 mln. Do you think that such an amount is realistic this year?We do not want to reveal our expectations just yet. At that time the valuations were not favourable and that was why we did not go public. Nowadays comparable companies in the property sector have more attractive valuations. This gives us hope that things will be different this time. However, you should take into account the fact that despite not going public we have exceeded our targets. We have proven that we are able to build substantially and i