The Czech SEC approved Zentiva N.V.'s share prospectus yesterday.
Recall that the PSE admitted Zentiva shares to trading on the main market last week. According to Bloomberg, the offering is to start on Monday. Reuters reported that the subscription price should be announced by the end of the next week. Zentiva intends to issue USD 100m of new shares and its current owners (Warburg Pincus holds 70% ) may sell as much as USD 100m of their outstanding shares. The listing process should reportedly be finished by the end of July.
Jan Hajek