The Polish ministry of treasury has put its 91.64% stake up for sale several times since 2009.

A total of 9,516,230 shares of Polferries was initially priced at PLN 95m ($33.8m), reflecting a price of PLN 10 per share.

An announcement from the ministry on 26 November, one day before the deadline expired, set the nominal value for each share at PLN 3.90