Czech Pegas confirms IPO to raise max EUR 264 mln

PRAGUE, Dec 4 (Reuters) - Czech artificial fabrics maker Pegas Nonwovens has set the maximum size of its impeding initial public offering at 264.2 million euros, the company said in a prospectus released on Monday.

The maximum price in the offering was set at 50 euros per share, the prospectus said.

Pegas will offer up to 2.02 million new and 2.575 million existing shares, plus 0.689 million existing shares in an over-allotment option.

The prospectus said the firm would receive only the net proceeds from the sale of the new stock.

((Reporting by Jan Lopatka, editing by Leslie Gevirtz; prague.newsroom@reuters.com; Reuters Messaging: jan.lopatka.reuters.com@reuters.net; +420-224 190 474)) For main central European company news, double click on [.CEE] E.Europe hot stocks [HOT-EEU] Main E.Europe news [TOP/EAST] Related stories on [HU] [PL] [CZ] [EEU-STX] [EEU-RES] [EEU-E] For real-time index quotes, double click in brackets: Warsaw WIG20 <.WIG20> Budapest BUX <.BUX> Prague PX <.PX> Keywords: PEGAS IPO/PROSPECTUS