Investors tune-in for big TVN shares show on WSE
Private investors have been allocated 2.38 million shares, while the remaining 13.52 have been earmarked for domestic and foreign institutional investors. TVN has already set a suggested share price of zł.26.5-33.5. The demand list opened yesterday and will close on November 30. The final price will depend on the buyers, particularly foreign investors, according to BDM PKO analyst Bartłomiej Michalski. TVN is estimated to be worth around zł.421.3 to 532.6 million. N-Vision, which is selling the shares, will give the remaining 8.6 million shares that are not being put on sale to ITI Holding. (Parkiet p.1) M.G.