Due to significant demand from investors, InPost shortened the duration of the public offering and accelerated the date of the debut on the Amsterdam stock exchange by two days.
Subscriptions for the shares of the parcel locker operator InPost began on Thursday, January 21, and were originally supposed to last until January 28. However, on Monday, the company announced that it would shorten the public offering to January 26 at 15.00.
InPost also announced a new debut date at Euronext Amsterdam. It will be held on Wednesday, January 26, and not as previously planned on January 29.
The price range in the public offering is €14-16 per share. This means a market capitalization of €7-8 billion or PLN 32-36 billion. The offering includes 175 million shares sold by the existing shareholders (Advent International, Templeton, and PZU FIZAN BIS2). It is aimed at institutional investors.
At the end of 2020, InPost was the owner and operator of 10,700 parcel machines. In the near future, it wants to increase this number to 14,500-15,500. Last year, it handled 240 million parcels.
(money.pl)