Home Play raises EUR 1 billion in IPO

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Play raises EUR 1 billion in IPO

2017-07-14 14:59:00| Telecompaper Headlines

(Telecompaper) Play Communications, the owner of the Polish mobile operator P4, has priced its initial public offering of shares, the largest IPO in the telecommunications sector in Europe since June 2015. The share price was set at PLN 36 (PLN 30.06 for authorised employees), well below the maximum indicated level of PLN 44. This puts the total value of the offering at PLN 4.4 billion (approximately EUR 1.02 billion).

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