UDI Group continues to expand to other European markets. With the purchase of the land for the construction of office buildings, the company expanded to Hungary, as well as Poland and Serbia.
We report that with shares of UDI CEE a.s. it will be possible to trade within the START trading days organized by the Prague Stock Exchange.
We thank all our Clients, the general supplier company Syner a.s., our financing bank Raiffeisen Bank a.s. and all suppliers for their cooperation on the project Uhříněves, U Starého mlýna. We wish the clients pleasant living and together with our business partners we look forward to further cooperation.
Within the second START IPO business day, 2,935 shares were traded and the exchange rate reached CZK 450 per share, the resultant financial volume was up to CZK 1,320,750.
In fact, the share price increased by + 2.27% against the first subscription rate of 2.10.2018 (CZK 440). On an annual basis, this is an appreciation of the share of 14.80% p.a . "
To date, the START IPO business day has been successfully launched with UDI CEE a.s ..
In total, all 587,000 shares were subscribed at a price of CZK 440 / share, ie the total subscription volume was CZK 258,280,000. The resulting price of the subscription resulted in an increase of + 5.77% against the listed minimum bid price of CZK 416 over demand.
At the same time, we announce that the subscribed shares will be traded already on November 24, 2018, when the next START IPO trading day will be organized by the Prague Stock Exchange.