Romania's Premier Energy says IPO priced at RON 19.5 Per Share

Premier Energy

16/05/2024 09:16

BUCHAREST, May 16 (Reuters) - Romania-based energy group
Premier Energy, owned by Czech investment firm Emma Capital,
said on Thursday its initial public offering on the Bucharest
Stock Exchange has been priced at 19.5 lei per share, implying a
market capitalization of 2.4 billion lei  ($524.79 million). 
    The company, which will list on May 27, said the IPO
amounted to a 28.75% stake.     
($1 = 4.5733 lei)

 (Reporting by Luiza Ilie
Editing by Alan Charlish)
 ((luiza.ilie@thomsonreuters.com; +4021 527 0312; https://www.reuters.com/journalists/luiza-ilie))