Alior sets share price for IPO

5 December 2012

Alior Bank is set to hit the Warsaw Stock Exchange next week, where its shares will sell between PLN 57 to PLN 71. The bank is planning to issue a total of 63.8m shares. The bank announce its majority shareholder, Carlo Tassara, is planning to offload 24.48m shares. Alior will make it WSE debut on Dec. 14. The subscriptions for shares dedicated to individual investors ended Monday, and book-building was closed yesterday. The share sale for institutional investors will be opened for subscription for two days, starting today.

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