Russia’s Europlan sets SPO share price at 720 rbl per paper

MOSCOW, Dec 2 (PRIME) -- The board of directors of Russian car leasing company Europlan has set the share placement price during the secondary public offering (SPO) at 720 rubles per security, the company said in a statement on Friday.

Europlan plans to offer 125.985 million shares.

VTB Capital will organize the SPO.

Previously, the company said it planned to attract at least 15 billion rubles through a public placement of additional shares on the Moscow Exchange until the end of 2016.

(63.6807 rubles – U.S. $1)

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