PTWP S.A. has announced that it has signed an agreement with Pluralis B.V., a mission-driven fund investing in independent media and a shareholder in the company that publishes Rzeczpospolita and Parkiet. As a result of the transaction, and following the necessary resolutions to be adopted at the Extraordinary General Meeting scheduled for 18 December 2025, PTWP S.A. will acquire a majority stake (56.82%) in the publisher of Rzeczpospolita and Parkiet. The ownership structure of the PTWP Group will also change, with Pluralis taking a 23% stake in PTWP S.A. The partnership between the Dutch fund and the Polish media-and-events group marks a new chapter in the media market, creating an integrated ecosystem of information, expertise and business relations.
On 21 November this year, PTWP Group signed an investment agreement with Pluralis B.V., a strategic media investor based in Amsterdam, which holds shares in Gremi Media S.A., the publisher of Rzeczpospolita and Parkiet. Under the agreement, PTWP Group commits to issuing Series C shares to be acquired through private subscription by Pluralis B.V. in exchange for a non-cash contribution consisting of Gremi Media S.A. shares. Once the transaction is completed, PTWP S.A. will hold a majority stake (56.82%) in Gremi Media S.A. The shareholder structure of PTWP will then be reshaped: Pluralis will take a 23% stake in PTWP S.A., while the holdings of Wojciech Kuśpik will amount to 55.14% of all shares.
The Series C shares will be offered to and subscribed by Pluralis B.V. in exchange for a non-cash contribution of 413,254 registered Series A shares with preferential voting rights and 603,861 bearer shares listed on the NewConnect alternative market, together valued at PLN 45,251,446.35. PTWP S.A. and Pluralis will conclude the Series C share subscription agreement by 18 December 2025. The Series C shares will be ordinary bearer shares and will entitle their holders to dividends on the same terms as the existing shares. The issue price of the Series C shares has been set at PLN 122.43 per share, amounting to PLN 45,248,903.70 in total.
Based on the assets of the PTWP Group (online media, conferences, events and venues) and titles such as Rzeczpospolita, Parkiet, rp.pl and the e-kiosk.pl platform, the transaction will create Poland’s largest knowledge and events hub for the business, finance and public administration sectors. By integrating media, conferences, rankings and industry reports, the partners will build a comprehensive ecosystem of information and networking for the economy. Finalizing the agreement will enable PTWP Group’s continued growth and accelerate the synergies and potential of the titles managed by both parties.
“The development of the PTWP Group and our 20% organic year-on-year growth reflect our consistency and determination in management. At the same time, I am fully aware that further scaling will depend primarily on acquisitions — and one of the most important is now becoming a reality. Rzeczpospolita is the most influential title in Poland, a pillar of the publishing market, generating more than PLN 100 million in revenue annually together with its sister titles. I see enormous synergy and potential for joint growth. We share the mission of reaching business leaders, experts and decision-makers. I am convinced we will build an exceptionally strong and needed player on the media market, one whose core values remain credibility and editorial excellence,” said Wojciech Kuśpik, President and Founder of the PTWP Group.
“PTWP is a leading media group with an impressive track record in responsible, high-quality business journalism and in organizing top-tier events, including the flagship European Economic Congress, which continues to grow under outstanding leadership,” said Harlan Mandel, CEO of the Media Development Investment Fund, which manages Pluralis. “PTWP and Gremi are a perfect strategic fit, with clear synergy opportunities. By finalizing this share exchange and becoming a PTWP shareholder, we are helping build a leading platform for audiences seeking reliable, insightful business content.”
“PTWP’s growth momentum, close cooperation, shared values and common goals will allow us to accelerate and drive highly positive change. We are pleased to have gained a long-term partner — one who understands our business and will strongly support the development of everything we build each day,” said Maciej Maciejowski, CEO of Gremi Media.
In addition, PTWP Group announced the launch of a motivational program for 2026–2027, providing for the issuance of up to 5% of shares as an additional remuneration and incentive scheme for employees and associates of the company and its subsidiaries.
