Irkut to make IPO March 26
The company will open a book of bids on March 15 and close it on
March 25, he said. "We will sell the shares to investors on March 26
MOSCOW. March 12 (Interfax) - Russian aircraft manufacturer Irkut will place 20% of its shares on the MICEX and RTS
on March 26, a source close to the company told Interfax.
and from March 29 they will start trading on the MICEX and RTS."
The starting price range is 54-68 cents a share, but the final price will depend on demand, he said.
The company is considering the issue of GDR for listing on the London Stock Exchange, but a final decision has not
yet been made, the source said. [RU ASIA EUROPE EEU EMRG AER AIR ISU STX GB WEU] me <>
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