RPT-Pegas IPO oversubscribed at top price-source

14.12.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

The initial public offering (IPO) for Czech artificial fabrics maker Pegas Nonwovens has been oversubscribed by investors at the top of the...

...range, a source familiar with the matter said on Thursday.

The company had given a price range of between 21.5 to 27.0 euros per share, putting the value of the entire offering at up to 143 million euros, including the over-allotment option.

Books in the firm's initial public offering close at 1700 GMT and pricing of the issue should be announced on Friday.

The company, a European number two among suppliers of hygiene products such as nappies, is offering up to 2.02 million new and up to 3.26 million existing shares, including an over-allotment option of 689,250 existing shares.

ING is the global coordinator of the IPO.

[LONDON/Reuters/Finance.cz]

Autor článku

 

Články ze sekce: Zpravodajství ČTK