The board of STS Holdings has submitted a corporate prospectus to Poland’s Financial Conduct Authority disclosing plans to list the STS SA sportsbook business on the Warsaw Stock Exchange (WSE).
Despite the submission, STS governance underlines that no final decision has been made on an IPO and the structure of any offer that will be provided to potential investors.
As stands, all company shares are 100% maintained by the Juroszek family as the enterprise founders of STS, who are undertaking a review of the business and its future options.
STS is recognised as Poland’s biggest sportsbook operator, maintaining a reported +50% of market share according to estimates by Poland’s Ministry of Finance, as the governing authority of Polish gambling.