Hungarian Broker Takes Up Most Norbi Shares

  • 7 Oct 2014 9:00 AM
Hungarian Broker Takes Up Most Norbi Shares
Brokerage and lead manager Buda-Cash subscribed 98% of the shares in the initial public offering of Norbi Update Lowcarb.

In all, 831,764 shares were issued, closer to the minimum target of 800,000 than the maximum of 2.2 million, at a price of Ft 990 each.

The nutrition supplement product maker will now ask the Budapest Stock Exchange to list its shares.

Source: Hungary Around the Clock

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