Poland's Zabka sets maximum price per share at 21.5 zlotys in IPO

Gielda Papierow Wartosciowych w Warszawie SA

01/10/2024 12:44

GDANSK, Oct 1 (Reuters) - Polish convenience store group
Zabka set the maximum share price for its initial public
offering (IPO) at 21.50 zlotys, the group said on Tuesday in a
prospectus approved by Luxembourg's Financial Authority (CSSF).
    The maximum price indicates that the total value of the IPO
could reach 6.45 billion zlotys ($1.67 billion).
    Under the IPO, shareholders of the Polish company plan to
offer up to 300 million shares, which are expected to start
trading on Warsaw bourse  GPW.WA  on or around Oct. 17,
following final pricing on Oct. 10.


($1 = 3.8674 zlotys)

 (Reporting by Rafal Wojciech Nowak;
Additional reporting by Mateusz Rabiega, Anna Banacka, Adrianna
Ebert; Writing by Mateusz Rabiega;
Editing by Louise Heavens)
 ((Mateusz.Rabiega@thomsonreuters.com; +48 58 769 67 57;))