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DIGI — Digi Communications News Story

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Brief: Digi Communications: Digi Spain IPO Price Set At €5.60/Shr

BRIEF-Digi Communications: Digi Spain IPO Price Set At €5.60/Shr

- 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

Source text

Further company coverage: DIGI.BX


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