In only two days, retail investors subscribed 63% of their allocation, which means they put in RON830 million worth of orders, according to Ziarul Financiar’s calculations. The number of shares retail investors subscribed on June 23 and June 26 is 7.4 million, which at a subscription price of RON112/share translates into about RON830 million (EUR165 million).
In the first day of the IPO, retail investors subscribed 3.4 milion shares or RON380 million’s worth.
The retail investor allocation is 11.7 million shares, which means they have already subscribed 65% of their tranche.
(English version by Loredana Fratila-Cristescu)