GetBack IPO price set at PLN 20 per share – Reuters

WSE-bound debt collector GetBack will set its IPO price at PLN 20 per share, according to the sources quoted by Reuters. The price would be in the lower end of the price range set at PLN 18.5-27 apiece in the IPO prospectus and would value the offer at PLN 800 million. The IPO will include up to 40 million shares, with half of them being a new issue, and another half will be offered by a single investor. The company currently has 80 million shares in total, owned by a private equity consortium led by Abris Capital Partners, who acquired the company last year for PLN 825 million. The company plans to debut on the Warsaw Stock Exchange on July 17.