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Gradus’s temporary share issue has been registered for trading on the IPO segment

The board of BSE-Sofia admitted Gradus to the IPO segment of the exchange. The auction for the 62 194 444 shares with ticker GR6T would take place on 18 and 19 June. The asking price during the latter will range between BGN 1.80 – 2.35 with a minimum success threshold set at 36 111 112 shares, half of which newly issued and the rest existing stock. If successful, Gradus would invest the proceeds from the IPO in expansion of its high-margin business segment. The prospectus and additional information are available in English at ffbh.bg. FFBH is the manager of the IPO.

Source: Gradus; FFBH

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