Zentiva N.V. reportedly plans to sell its shares in the coming IPO for CZK 400 - CZK 525 per share and GDRs for USD 15.58 - USD 20.45 each. This range would indicate Zentiva's market capitalization at CZK 16bn - CZK 19.6bn (USD 621m - USD 764m). The company will set the final selling price on June 22. Source: Bloomberg, Reuters.
Recall that the Czech SEC has already approved Zentiva's share prospectus and the PSE listing committee conditionally admitted ordinary and new shares of Zentiva to trading on the main market of the PSE, subject to prospectus publication and subscription of the new shares.
Jan Hájek, Patria Finance