Air Claim offered 400,000 shares for sale and had 5.43 million subscribed at a price of RON6.21, ZF has found.
The subscription stood at RON33.74 million, which means the offering was 1,358.48% oversubscribed. Retail broker on Bucharest Stock Exchange Goldring handled the offering.
“We have already gone through the necessary steps towards listing. As we promised, we are still open and transparent, and will return with some good news as soon as possible,” Mihail Cotes, chief executive officer of Air Claim, told ZF.
(English version by Loredana Fratila-Cristescu)