VGP, the Czech real estate development and management group focusing on semi-industrial property in Central Europe, has allocated EUR 55 mln in shares through listings on Euronext and the Prague Stock Exchange. Priced at EUR 15.25 per share, the company offered more than 3.3 million new shares with just over 304,000 additional over-allotment shares. KBC Securities was global co-ordinator and book runner for the offering while ING Belgium acted as co-lead manager.
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