Czech Pegas shares jump in mkt debut after IPO

18.12.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Shares in Czech artificial fabrics maker Pegas Nonwovwens opened up 6.6 percent in their debut at the open Prague Stock Exchange on Monday, and...

... rose as high as 12.1 percent in early trading.

The company sold 1.81 million new shares, 2.58 million existing shares and an extra 0.66 million in over-allotment option, valuing the firm at 249 million euros at the IPO price of 749.2 crowns.

The stock traded 8.11 percent up at 810 crowns at 0835 GMT.

[PRAGUE/Reuters/Finance.cz]

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