Alter Ego Media S.A. IPO Oversubscribed by Nearly 12 Times

10:23 23/1/2025 - Πηγή: iEfimerida

Alter Ego Media S.A., a Greek media company, announced that its initial public offering (IPO) was met with overwhelming demand, with investors seeking nearly 12 times the number of shares offered.

The final offering price for the 14,249,000 new shares was set at €4.00 per share.

The total demand amounted to €676.81 million, significantly exceeding the available shares.

Piraeus Bank S.A., Euroxx Securities S.A., and Eurobank S.A. acted as joint coordinators and bookrunners for the offering.

The strong investor interest highlights confidence in Alter Ego Media's prospects as it lists on the Regulated Market of the Athens Exchange.

Details of the share allocation to different investor categories will be announced on Friday, January 24th.

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Alter Ego Media S A, IPO Oversubscribed,Nearly 12 Times