Pekabex sets share price

Polish concrete prefabricate producer Pekabex set its public offering price at PLN 10 a share and will offer 7.37 million shares. Therefore, the offer will be worth PLN 73.7 million, the company informed on Wednesday. The total value of the newly issued shares will stand at PLN 30 million. As much as 8 percent of the offering was earmarked for retail investors. Subscriptions will be launched today, June 17, and will last until June 19. The shares will be alloted on June 22.