CEO: Car sharing company Delimobil delays IPO till 2022 - Transport & Automobile - 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

CEO: Car sharing company Delimobil delays IPO till 2022

MOSCOW, Nov 19 (PRIME) -- Russian car sharing company Delimobil has delayed its initial public offering (IPO) till 2022, General Director Yelena Bekhtina said on Friday at an online conference.

УEverything is all right with our IPO. WeТve moved it to 2022 because of the market situation,Ф Bekhtina said.

УI think that it is not a secret for anyone, if we look at the analytical researches on the current market, the IPO market is at a very active stage. ItТs truly overheated. This is why these are not the most favorable market conditions.Ф

Delimobil said in October it will offer 20 million American depositary shares (ADS), each equaling two ordinary shares, on the New York Stock Exchange with secondary listing on the Moscow Exchange. Organizers of the deal were supposed to have an option of 3 million ADSs. The company planned to raise U.S. $200Ц240 million or $230Ц276 million under the option.

End %%ee/jst%%

19.11.2021 16:52
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 83.2406 -0.5699 04 dec
USD 73.7426 -0.3211 04 dec
Stock Market Indices
1D 1W 1M 1Y
micex 3897.70 -0.39 11:12 06 dec
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 346.44 +0.13 10:55 06 dec
lkoh 6668.50 +0.44 10:55 06 dec
rosn 579.45 +0.50 10:55 06 dec
sber 319.68 -0.31 10:55 06 dec
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 83.0900 -0.0300 10:53 06 dec
USDTD 73.6600 +0.0300 10:53 06 dec