Inarctica cuts SPO price to 900 rbl per share from 900Ц968.5 rbl - Agro Commodities - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Inarctica cuts SPO price to 900 rbl per share from 900Ц968.5 rbl

MOSCOW, Nov 29 (PRIME) -- RussiaТs largest aquaculture company Inarctica, previously known as Russian Aquaculture, has lowered its a secondary public offering (SPO) price target to 900 rubles per share from 900Ц968.5 rubles, the company said in a statement on Wednesday.

УInarctica... announces the specified parameters of the secondary public offering of ordinary shares... The company specifies the price benchmark of the offering at the level of 900 rubles per one share. The previously announced range was 900-968.5 rubles per share,Ф the statement read.

Investors, participated in the SPO, will have the right to purchase from the selling shareholders one additional share at the SPO price for every five shares purchased within the SPO six months after the date of its completion.

The company has been holding the SPO from November 24 through Wednesday.

(88.6102 rubles Ц U.S. $1)


29.11.2023 09:45
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