WARSAW, April 4 Polish retail chain Dino
has closed the books for its initial public
offering (IPO) with the price at 34.5 zlotys per share for
institutional investors, three market sources said on Tuesday.
In March, the company said it had priced its IPO for
individual investors at 33.5 zlotys per share.
The company's flotation on the Warsaw Stock Exchange
will be for no more than 48.04 million shares, or 49
percent of the firm's share capital owned by private equity fund
The company's founder, Tomasz Biernacki, will remain the
firm's majority shareholder with a 51 percent stake.
Dino, which plans to debut on the Warsaw bourse this month,
declined to comment on the final price. A statement is expected
later on Tuesday.
($1 = 3.9935 zlotys)
(Reporting by Anna Koper; Additional reporting by Agnieszka
Barteczko; Editing by Mark Potter)