The Management Board of the Warsaw Stock Exchange has changed the industry classification of the Midas Group. As from 23 September, Midas will be found in the sector “telecommunications”. Up to now, the Company was listed in the “other finance” category.
Midas S.A. is the parent company in a capital group which focuses on providing wholesale telecommunications services. By being listed on the Warsaw Stock Exchange, the Company ensures that the Group will have financing for infrastructure investments, as well as communication with financial markets. At the same time, it determines strategy and coordinates the implementation thereof. The Group includes Aero2, CenterNet and Mobyland.
With the change in classification, shares in Midas S.A. find themselves in sectors and on indexes which correspond to the actual operations of the Group.