Brief: Eurocastle Investment announces IPO of doBank

Eurocastle Investment

29/06/2017 07:00

June 29 (Reuters) - EUROCASTLE INVESTMENT LTD  ECT.AS : 
    * REG-EUROCASTLE INVESTMENT LIMITED : EUROCASTLE ANNOUNCES INITIAL PUBLIC OFFERING OF DOBANK 
AND KEY TERMS 
    * UP TO AN INITIAL 28,500,000 SHARES, CORRESPONDING TO 35.63% OF DOBANK'S FULLY DILUTED 
SHARE CAPITAL ARE TO BE INCLUDED IN OFFERING 
    * OPTION TO INCREASE THIS TO UP TO 34,700,000 DOBANK SHARES, CORRESPONDING TO 43.38% OF 
DOBANK'S FULLY DILUTED SHARE CAPITAL 
    * IN EVENT GREENSHOE OPTION IS FULLY EXERCISED, SHARES TO BE OFFERED WILL CORRESPOND TO 
39.19% OF DOBANK'S FULLY DILUTED SHARE CAPITAL 
    * INDICATIVE RANGE OF EURO 8.35 PER SHARE AND EURO 10.25 PER SHARE FOR DOBANK IPO 
    * BOOKS FOR INSTITUTIONAL OFFER WILL OPEN ON JUNE 30, 2017. 
 
Source text for Eikon:  ID:nGNE85fC9x  
Further company coverage:  ECT.AS  
 
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