Carsharing firm Delimobil sets IPO price guidance at $10–12/ADS - News Archive - 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

Carsharing firm Delimobil sets IPO price guidance at $10–12/ADS

MOSCOW, Oct 26 (PRIME) -- Russian carsharing service Delimobil has set the price guidance for an initial public offering (IPO) in the range of U.S. $10–12 per share, according to the company’s documents seen by PRIME late on Monday.

Delimobil will list its American depositary shares (ADSs) on the New York Stock Exchange with a secondary listing on the Moscow Exchange under ticker DMOB.

The company will offer 20 million ADSs, each equal two ordinary shares. Organizers of the deal have an option of an additional offer of 3 million ADSs.

In total, Delimobil can raise $200–240 million or $230–276 million if the option is exercised.

Delimobil’s main beneficiary is the service’s co-founder Italian businessman Vincenzo Trani through securitization funds MK Impact Finance with 37.96% of shares and Mikro Fund with 16.89% as well as firm D-Mobility Worldwide with 13.37%.

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26.10.2021 09:02