Poundland’s parent company Pepco is preparing to float in Warsaw.
The IPO could value the discount retailer at $4.5bn. Pepco has more than 3,200 stores in 16 countries, including over 1,000 in Poland.
Poundland has operated in Britain since 1990, with 818 shops.
Pepco is owned by creditors to Steinhoff, a South African retail group, which are trying to offload assets since a $7.4bn hole was discovered in the accounts in 2017.
The group believes it could open another 8,000 stores across the whole of Europe.
