Selvita sets IPO price

Biotechnology firm Selvita has set the share price in its initial public offering at PLN 10.30, the company said on Friday. This put the offer's value at up to PLN 27.3 million. Selvita will launch its IPO on December 1. The shares will be allocated on December 10. The company has said it would like to debut on the main market of the Warsaw Stock Exchange before the end of this year. It has been listed on the NewConnect market since 2011.