IT firm IBS to hold IPO on Moscow Exchange - 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

IT firm IBS to hold IPO on Moscow Exchange

MOSCOW, Apr 4 (PRIME) -- RussiaТs IBS, one of the countryТs leading IT services providers, will hold an initial public offering (IPO) on the Moscow Exchange, the company said on Wednesday in a statement.

Free float will reach 30Ц35% of the companyТs increased capital after the IPO. The shares will be added to the sector of the innovation and investment market.

The new shares will account for more than 50% of the volume on offer.

IBS will invest the raised money in strengthening and expansion of its services via organic growth, as well as mergers and acquisitions.

End

04.04.2018 13:45
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 70.7594 +0.0349 07 dec
USD 63.7185 -0.0950 07 dec
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1445.29 +1.04 18:04 06 dec
micex 2921.18 +0.76 18:04 06 dec
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 247.17 +0.33 17:46 06 dec
lkoh 6181.00 +0.97 17:46 06 dec
rosn 444.20 +1.32 17:46 06 dec
sber 234.71 +1.29 17:46 06 dec
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 70.6675 -0.1275 14:59 06 dec
USDTD 63.7300 -0.0525 17:32 06 dec