Brief: Doosan Skoda Power Announces IPO Intention, Listing In Prague

Doosan

15/01/2025 07:07

Jan 15 (Reuters) - 
  
    * DOOSAN SKODA POWER ANNOUNCES ITS INTENTION TO CARRY OUT
IPO,
LIST SHARES ON PRAGUE STOCK EXCHANGE
    * DOOSAN SKODA POWER: EXPECTS OFFERING WOULD COMPRISE UP TO
THE
EQUIVALENT OF APPROXIMATELY 21.5 – 26.5% OF EXISTING SHARES OF
COMPANY
    * DOOSAN SKODA POWER: EXPECTS OFFERING WOULD ALSO COMPRISE
UP TO
EQUIVALENT OF APPROXIMATELY 10% – 5% OF ORDINARY SHARES ISSUED
BY THE COMPANY
    * DOOSAN SKODA POWER: AFTER COMPLETION OF OFFERING SELLING
SHAREHOLDER WOULD MAINTAIN MAJORITY SHAREHOLDING IN THE COMPANY
OF NOT LESS THAN 66.67%

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 (Reporting By Jason Hovet)
 ((jason.hovet@thomsonreuters.com;))