The EuroTrans company, which owns the Trassa gas station network in Moscow and the Moscow region, raised about 13.5 billion rubles during its IPO. Its capitalization at the start of trading amounted to 40 billion rubles, says the press release companies.
The company's IPO was conducted by collecting over-the-counter and exchange applications. The collection of applications ended on November 20. As a result, about 20 thousand retail investors became shareholders of the company. “The funds raised by the issuer through the additional issue of shares amounted to approximately 13.5 billion rubles. As a result of the IPO, the company’s market capitalization at the start of trading will be 40 billion rubles.” - stated in the message.
The company's main shareholders exercised their preemptive right and purchased additional shares worth RUB 1.2 billion. The subsidiary company Trassa GSM acquired shares of EuroTrans for 1 billion rubles. as part of an offer for additional purchase of shares. “The remaining 11.3 billion rubles. were attracted from a wide range of individuals and legal entities,” the company noted.
EuroTrans shareholders are Igor Martyshov (65%), Nikolay Doroshenko (15%), Sergey Alekseenkov (15%) and Oleg Alekseenkov (5%). The funds received from the sale of shares will go to the company's investment projects. Trading on the Moscow Exchange began today, November 21, at 15:30. The starting price of one share was 250 rubles.