The listing event will be held at the CCIB Business Center in Bucharest. With this offering, Premier Energy raised RON695 million (EUR140 million) from investors, which made it the largest IPO conducted by an entrepreneurial company in the last five years.
The free float will be 28.75%. Premier Energy sold 36 million shares, 25 million of which issued via a capital increase, with funds that will stay with the company, RON488 million, according to ZF’s calculations based on a RON19.5 final price per share. The rest will go towards the selling shareholder, Emma Alpha Holding, a special purpose vehicle held by Czech businessman Jiri Smejc.
(English version by Loredana Fratila-Cristescu)