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Őrmester shares to float today

Shares of Hungarian security company Őrmester will be listed on the Budapest Stock Exchange from Wednesday, a resolution by the bourse's CEO published on the BSE website on Tuesday shows.

Őrmester said earlier it would not issue new shares or raise capital when the listing takes place.

Erste Befektetési is assisting with the listing.

Őrmester has annual revenue of almost HUF 3 billion, Econews reported earlier. (MTI-ECONEWS)