Tickle me, Elmo

Elmo, an infrastructure construction firm, will hold its IPO on the WSE at the turn of May and June.

The company hopes to bring in zł.45 million from the issue of three million new shares and no less than 1.5 million existing shares, which it wants to spend on expansion. Book building will close on May 12 and the share price will be announced on May 13.

Subscription will take place on May 14-19 for institutional investors and on May 14-16 for individual investors.