Globaltruck sets share price range for IPO at 132-145 rbl

MOSCOW, Oct 23 (PRIME) -- Globaltruck, one of Russia’s largest FTL cargo carriers and the largest FTL carrier in the Urals and Siberia, has set the price range to offer 37.25 million shares in an initial public offering (IPO) on the Moscow Exchange at 132-145 rubles, as seen by PRIME in the company’s materials on Monday.

Bids are to be collected from Monday to November 2. Technical placement is scheduled for November 3.

The company also said that its shareholders have rejected their pre-emptive right.

(57.5118 rubles – U.S. $1)

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