Polski Holding Nieruchomości S.A. received the title of “Transparent Company of the Year 2016” in the first edition of the ranking prepared by the Accounting and Tax Institute and “Parkiet” stock exchange daily.The ranking’s results were based on a survey among companies, covering three major areas of communication with the market:financial reporting, investor relations and corporate governance principles.
The ranking’s organizers aimed at improving the quality of public companies’ communication with the market by increasing awareness among: the management – about areas which are important in that communication; supervisory bodies – about issuers’ information and reporting duties; auditors – about the important role they play in auditing issuers’ financial statements, about signals they send to companies, and whether their task should be restricted to issuing an opinion on auditing the financial statements; and consultants and advisers, who are often a source of innovation and a new approach to communication with the market.
“We aim at ensuring maximum transparency of the activities of Polski Holding Nieruchomości S.A., conducting high quality communication with investors and protecting the rights of shareholders, also in materials not regulated by law.For us, investor relations mean a wide range of activities through which we strive to meet high expectations of all market participants, and thus build the reputation of PHN and the trust of our investors.We have also been working on organizing and streamlining our internal policies and procedures. As a result, we have identified the Company’s administrative and operational processes and listed the related regulations in particular areas of operation.These activities were taken, among others, as part of implementing recommendations from the audit of the operations of the Company and the Group, and the status of implementing audit recommendations is subject to ongoing verification as part of internal audit in the Company,” said Maciej Jankiewicz, President of the Management Board of Polski Holding Nieruchomości S.A.
The ranking covered 140 companies listed in the WIG20, WIG40 and WIG80 indices. In the WIG80 index, the winners included Polski Holding Nieruchomości S.A. The results of the ranking “Transparent Company of the Year 2016” were officially announced on April 6, 2017 on Warsaw Stock Exchange. During the ceremony, the most transparent companies of the year 2016 from WIG20, WIG40 and WIG80 indices were selected.
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Polski Holding Nieruchomości Group
The Polski Holding Nieruchomości Group is the leading managing investor in the commercial property market in Poland. It is one of the largest companies in the sector in terms of the market value of its portfolio, which includes ca. 140 properties and nearly 700 ha of land across the country (e.g. in Warsaw, Poznań, Wrocław and the Tri-City). PHN has long experience both in real estate management and construction project implementation. The Company has been listed on the Warsaw Stock Exchange since February 2013.
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Contact:
Magdalena Kacprzak, Head of the Marketing, Strategy, Investor Relations and PR Office
mob. +48 721 000 071; phone +48 22 850 91 34; e-mail: magdalena.kacprzak@phnsa.pl