The placement price within the Softline SPO was 140 rubles. per share – Kommersant
[ad_1]
IT company PJSC “Softline” determined the placement price within the secondary public offering (SPO) is 140 rubles. per share, which corresponds to the lower limit of the initially announced price range.
The company’s statement indicated that as a result of the SPO, more than 6.5 thousand investors were attracted to the share capital structure, applications from retail investors were satisfied in the total amount of 4 million shares. At the same time, the share of free float increased to 17%. As Softline explains, this should contribute to the goal of increasing the liquidity of the company’s shares and getting the shares into the Moscow Exchange indices.
Until 2022, there was an international company Softline Holding Plc with the listing of global depositary receipts (GDRs) in Moscow and London. Then the business was divided into domestic and foreign, and the owners of GDRs in Russia were offered to exchange their receipts for shares of a completely Russian issuer. And immediately after the exchange, the securities of Softline PJSC began to be traded on the Moscow Exchange and St. Petersburg Exchange under the ticker SOFL.
Read more in the article “Kommersant” “Softline launched the IPO boom in Russia”.
[ad_2]
Source link
