As announced at the beginning ofd this year by general manager of the Office For The State's Interests and Industrial Privatization (OPSPI), Gabriel Dumitrascu, the selling on the stock exchange of a 15 percent stake in the shares of the national gas operator, Transgaz SA has been aproved today by Romanian Government.
The offer starts tomorrow, on April 4 and it is scheduled to last 9 workings days, until April 16. The minimum subscription price approved by the Government for offerings performed by institutional investors is 171RON/ share, while the maximum price is set at 230RON/ share.
The consortium managing the listing consists in S.S.I.F. Raiffeisen Capital & Investment S.A. (Lead Manager si Joint Bookrunner), Wood & Company Financial Services a.s., (Manager si Joint Bookrunner) si S.S.I.F. BT Securities S.A. (Manager).
Find more on Transgaz listing here
