Mosgorlombard has set the price range for its IPO offering of ordinary shares at ₽3.1-3.5 per paper. It plans to offer 322.58 million ordinary shares, representing 22% of its enlarged authorized capital. Participants in the IPO will also have the opportunity to increase their stake by 20% at the IPO price 6 months after the offering. Collection of applications will take place from December 7 to December 13. Trading in the shares will begin on December 14 under the ticker MGKL.
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