Terni Energia IPO: Italy Solar Power IPO: Finance Trading Times

Terni Energia IPO: Italy Solar Power IPO

A new IPO or initial public offering listing will be made on the Italian Stock Exchange on Friday, 25th of July 2008. The listing belongs to Italian solar power company Terni Energia which has recently completed its IPO process.
Terni Energia IPO Italy Solar Power IPO
What is the price at which the Terni Energia IPO shares have been offered?
The Terni Energia IPO shares have been offered at the price of 1.3 Euros per share. This price is the bottom of the price range or price band of 1.3 to 1.7 Euros per share.

What is the market valuation of the Terni Energia IPO?
With the price per share of Terni Energia IPO shares set to 1.3 Euros per share, the valuation of Terni Energia is at around 31.23 Million Euros which is equivalent to USD 49 million approximately.

How many shares were offered for sale through the Terni Energia IPO?
Around 4 million shares of Terni Energia IPO were sold. This was around 18% of the company capital.
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