Brief: Digi Communications: Digi Spain IPO Price Set At €5.60/Shr
BRIEF-Digi Communications: Digi Spain IPO Price Set At €5.60/Shr July 9 (Reuters) - Digi Communications NV DIGI.BX:
ANNOUNCES IPO OF 59 MILLION ORDINARY SHARES IN DIGI SPAIN TELECOM
IPO OFFER PRICE SET AT EUR 5.60 PER SHARE
MARKET CAPITALIZATION EXPECTED AT EUR 1.66 BILLION EUROS
IPO IS EXPECTED TO BE STRUCTURED AS A PRIMARY OFFERING OF 26,800,000 NEW SHARES ISSUED BY DIGI SPAIN EQUIVALENT TO C. EUR 150 MILLION
SECONDARY OFFERING EUR 137 MILLION
OVER-ALLOTMENT OPTION FOR UP TO 7.7 MILLION EXISTING SHARES
FOLLOWING IPO, SHARES EXPECTED TO BE LISTED IN SPANISH STOCK EXCHANGES
IPO AND ADMISSION SUBJECT TO MARKET CONDITIONS AND CNMV APPROVAL
Further company coverage: DIGI.BX
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Digi Communications
See all newsBerenberg sees European telecoms set for consolidation, calls AI, satellite fears 'overdone'
Brief: Digi Romania AEO Price Guidance Of RON 58 - RON 59 Per Share, Books Are Covered, Says Bookrunner
Brief: Digi Romania AEO Books Are Covered, Bookrunner Says
Brief: Digi Romania ABO Offering Size Of 3.525 Mln Shares, About US$50 Mln, Says Bookrunner
Digi Spain shares fall 8% on first day of trading (updated)