Uniwheels sets price PLN 105 per share
09:30
German alloy wheel manufacturer Uniwheels set price at PLN 105 per share, PLN 14 PLN less than the maximum price stood at. The offer will be valued at PLN 504 million.
There will be 4.8 million shares available in the public offering, half of that amount will correspond to the new issue.
The individual investors will be able to acquire 5 percent of the offered holding.
The manufacturer wants to debut on the WSE May 8, Puls Biznesu daily reported previously.
"The company is going to c0mmit funds obtained through the IPO to partially finance the construction of a new production plant in Poland," Uniwheels, which has two factories in Stalowa Wola informed.