{
 "as_of": "2026-11-06",
 "cmr": "pl-cm-kg/XWAR/PLVSTLA00011",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# VRG (GPW Main Market: PLVSTLA00011) — research page\n\nAs of 2026-11-06 · pl-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is VRG, listed on GPW Main Market under ticker PLVSTLA00011. Its ISIN is PLVSTLA00011 and its LEI is 259400JK2AT927YR9N41. Its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 32 filings across 26 filing days in the window 2025-11-06 to 2026-11-06. By type, the record holds 29 ESPI Current filings, 2 ESPI Quarterly filings and 1 ESPI half years filing. The median gap between filing days is 10 days. The latest filing is an ESPI Current filing dated 2026-10-13, which is 24 days before the record date of 2026-11-06. GPW Main Market, on the record, holds 436 issuers with a median cadence gap of 8.0 days, a median of 31.0 filings and a median latency of 10 days. The sector peer comparison is not on the record for this market.\n\n## Auditor\n\nThe auditor of record is not on the record, and neither is its location. The market's record does not carry auditor changes.\n\n## Events and halts\n\nThe record does not carry listing, delisting, name change, domicile change or segment move lines for this register. The halt flag reads listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/pl/mifid-ii-product-governance/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nNo research houses were found on the issuer's investor-relations pages read. The count is 0.\n\n## Open research\n\nThe record holds 2 openly published research notes. One is by Biuro Maklerskie Banku Millennium S.A., dated 2026-09-10. The other is by mBank S.A., and its date is not on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. The issuer has no sealed years on the record. The market's earliest sealed date is not on the record, and the live record began is not on the record.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://firds.esma.europa.eu/firds/ (identity.exchange)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.pl-cm-kg.ai/events/XWAR/PLVSTLA00011 (the disclosure lines)\n- https://www.gpw.pl/zawieszenia-i-wykluczenia (the halt flag)\n- https://pl.eu-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://biznes.pap.pl/download/attachment/55029710/DOC.20260910.55029710.20260910_0956_VRG_EN_RA.pdf (open research)\n- https://mdm.pl/bm/g/ETDXh7yuHk_qnlpkhmxHWw (open research)\n- https://mcp.pl-cm-kg.ai/record/XWAR/PLVSTLA00011 (the record)\n",
 "market": "PL",
 "node": "pl-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the PL vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "PL",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "PL",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "PL",
    "state": "not_on_record"
   },
   "changes": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "pl-cm-kg/XWAR/PLVSTLA00011",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [
    {
     "page": "https://www.vrg.pl/en/for-investors",
     "result": "read: 0 of 0 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 436,
     "median_cadence_gap_days": 8,
     "median_filings": 31,
     "median_latency_days": 10,
     "name": "GPW Main Market"
    },
    "sector": {
     "market": "PL",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "ESPI Current": 29,
    "ESPI Quarterly": 2,
    "ESPI half years": 1
   },
   "cadence_median_gap_days": 10,
   "filing_days": 26,
   "filings": 32,
   "latency_days": 24,
   "latest": [
    {
     "category": "ESPI Current",
     "date": "2026-10-13",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=498803&title=Zmiany+w+sk%C5%82adzie+Rady+Nadzorczej+VRG+S.A.",
     "title": "Zmiany w składzie Rady Nadzorczej VRG S.A.",
     "type": "ESPI Current"
    },
    {
     "category": "ESPI Current",
     "date": "2026-09-21",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=497360&title=Zawiadomienie+w+sprawie+znacznego+pakietu+akcji.",
     "title": "Zawiadomienie w sprawie znacznego pakietu akcji.",
     "type": "ESPI Current"
    },
    {
     "category": "ESPI Current",
     "date": "2026-09-01",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=496203&title=Zako%C5%84czenie+skupu+akcji+w%C5%82asnych+-+podsumowanie",
     "title": "Zakończenie skupu akcji własnych - podsumowanie",
     "type": "ESPI Current"
    },
    {
     "category": "ESPI Current",
     "date": "2026-08-27",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=495971&title=Ustalenie+ceny+ostatecznej+i+ostatecznej+liczby+akcji+nabywanych+w+ramach+Zaproszenia+do+sk%C5%82adania+ofert+sprzeda%C5%BCy+akcji+VRG+S.A.",
     "title": "Ustalenie ceny ostatecznej i ostatecznej liczby akcji nabywanych w ramach Zaproszenia do składania ofert sprzedaży akcji VRG S.A.",
     "type": "ESPI Current"
    },
    {
     "category": "ESPI half years",
     "date": "2026-08-20",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=495633",
     "title": null,
     "type": "ESPI half years"
    }
   ],
   "latest_filing_date": "2026-10-13",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.pl-cm-kg.ai/events/XWAR/PLVSTLA00011",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "GPW Main Market"
   },
   "isin": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "PLVSTLA00011"
   },
   "jurisdiction": {
    "market": "PL",
    "state": "not_on_record"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN PLVSTLA00011)",
    "state": "sourced",
    "value": "259400JK2AT927YR9N41"
   },
   "name": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "VRG"
   },
   "sector": {
    "market": "PL",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "PL",
    "state": "not_on_record"
   },
   "segment": {
    "market": "PL",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "PLVSTLA00011"
   },
   "website": {
    "market": "PL",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "PL",
  "node": "pl-cm-kg",
  "numbers_hash": "sha256:6f81b2b4adac867e1151232311fadb4b27ba47dcaf03196ca51e2d5c472036a3",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2026-09-10",
     "kind": "independent",
     "publisher": "Biuro Maklerskie Banku Millennium S.A.",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://biznes.pap.pl/download/attachment/55029710/DOC.20260910.55029710.20260910_0956_VRG_EN_RA.pdf",
     "state": "sourced",
     "title": "VRG - A strong first half confirms the chosen direction"
    },
    {
     "date": null,
     "kind": "independent",
     "publisher": "mBank S.A.",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://mdm.pl/bm/g/ETDXh7yuHk_qnlpkhmxHWw",
     "state": "sourced",
     "title": null
    }
   ],
   "state": "found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://pl.eu-cm-kg.ai/book/aio.json",
    "door": "https://pl.eu-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/pl/mifid-ii-product-governance/r1",
   "section": "pl.aio.v5"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.pl-cm-kg.ai/record/XWAR/PLVSTLA00011",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.gpw.pl/zawieszenia-i-wykluczenia",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:6f81b2b4adac867e1151232311fadb4b27ba47dcaf03196ca51e2d5c472036a3",
 "path": "/pl/XWAR/PLVSTLA00011",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is VRG, listed on GPW Main Market under ticker PLVSTLA00011. Its ISIN is PLVSTLA00011 and its LEI is 259400JK2AT927YR9N41. Its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 32 filings across 26 filing days in the window 2025-11-06 to 2026-11-06. By type, the record holds 29 ESPI Current filings, 2 ESPI Quarterly filings and 1 ESPI half years filing. The median gap between filing days is 10 days. The latest filing is an ESPI Current filing dated 2026-10-13, which is 24 days before the record date of 2026-11-06. GPW Main Market, on the record, holds 436 issuers with a median cadence gap of 8.0 days, a median of 31.0 filings and a median latency of 10 days. The sector peer comparison is not on the record for this market.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, and neither is its location. The market's record does not carry auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record does not carry listing, delisting, name change, domicile change or segment move lines for this register. The halt flag reads listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/pl/mifid-ii-product-governance/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the issuer's investor-relations pages read. The count is 0.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds 2 openly published research notes. One is by Biuro Maklerskie Banku Millennium S.A., dated 2026-09-10. The other is by mBank S.A., and its date is not on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. The issuer has no sealed years on the record. The market's earliest sealed date is not on the record, and the live record began is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://firds.esma.europa.eu/firds/"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.pl-cm-kg.ai/events/XWAR/PLVSTLA00011"
  },
  {
   "for": "the halt flag",
   "source": "https://www.gpw.pl/zawieszenia-i-wykluczenia"
  },
  {
   "for": "the orderability chapter",
   "source": "https://pl.eu-cm-kg.ai/book/aio.json"
  },
  {
   "for": "open research",
   "source": "https://biznes.pap.pl/download/attachment/55029710/DOC.20260910.55029710.20260910_0956_VRG_EN_RA.pdf"
  },
  {
   "for": "open research",
   "source": "https://mdm.pl/bm/g/ETDXh7yuHk_qnlpkhmxHWw"
  },
  {
   "for": "the record",
   "source": "https://mcp.pl-cm-kg.ai/record/XWAR/PLVSTLA00011"
  }
 ],
 "title": "VRG (PLVSTLA00011) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}