PRAGUE, Nov 29 (Reuters) - Czech developer ECM Real Estate Investments will offer up to 1.275 million new shares in an initial public offering due to be completed by Dec. 5, the company said on Wednesday.
The maximum price has been set at 55 euros per share. There will also be a 10 percent over-allotment option, it said in a statement.
The firm's current owner will offer an additional 315,000 existing shares in the IPO.
The offering, the second IPO on the Prague bourse, will run from Nov. 29 until Dec. 5 and the stock should start regular trading on Dec. 11. ((Reporting by Jan Korselt, writing by Jan Lopatka, editing by Edmund Klamann; prague.newsroom@reuters.com; Reuters Messaging: jan.lopatka.reuters.com@reuters.net; +420-224 190 474))
Keywords: ECM IPO/