Czech ECM IPO priced at 47 euros/share -sources

06.12.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, Dec 6 (Reuters) - Shares in Czech real estate developer ECM Real Estate Investments <ECMPsp.PR> were priced at 47 euros in an initial public offering, three market sources told Reuters on Wednesday.

The sources said demand was more than four times the offering, which consisted of 1.275 million new shares, 0.128 million in over-allotment, and 0.315 million existing shares.

The price range had been 41 to 55 euros per share.

The IPO price puts the company's market capitalisation at 262.7 million euros, including the potential overallotment and outstanding warrants transferrable to shares. ((Reporting by Jan Lopatka, editing by Alan Crosby; 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: ECM IPO/

Autor článku

 

Články ze sekce: Zpravodajství ČTK