Lead manager confirms Pegas IPO price at 27 euros

15.12.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Czech artificial fabrics maker Pegas Nonwovens has priced its initial public offering (IPO) at 27 euros per share, lead manager ING said, ...

...confirming earlier information from market sources.

The company had given a price range of between 21.5 to 27.0 euros per share.

Market sources said the issue was four times oversubscribed at the top of the range, and all bids totalled six times the number of shares on offer.

[PRAGUE/Reuters/Finance.cz]

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