Svetofor Group sold almost 2.5 million preferred shares to the broker IFC Solid for further resale on the St. Petersburg Currency Exchange. The broker repurchased the stake at a price of 56.25 rubles per share. If the entire volume of the offer is sold at the auction, Svetofor Group will earn 139.58 million rubles from the IPO, and the free float in this case will be 10%. Promotions must be paid no later than May 31. If the shares are not sold in full, Solid will return the remaining securities back to the issuer by June 7.
Svetofor Group sold almost 2.5 million preferred shares to the broker IFC Solid for further resale on the St. Petersburg Currency Exchange. The broker repurchased the stake at a price of 56.25 rubles per share. If the entire volume of the offer is sold at the auction, Svetofor Group will earn 139.58 million rubles from the IPO, and the free float in this case will be 10%. Promotions must be paid no later than May 31. If the shares are not sold in full, Solid will return the remaining securities back to the issuer by June 7. 
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