Retail investors have subscribed twice their allocated tranche in the first two days of Cris-Tim’s Initial Public Offering (IPO), launched ahead of the company’s listing on the Bucharest Stock Exchange (BVB). As of yesterday, investors subscribed for 8,009,904 Cris-Tim shares, compared to the 4,060,000 shares available in the retail tranche, resulting in a 197% subscription rate. On Wednesday, the Financial Supervisory Authority (ASF) had approved the prospectus for the IPO of a total of 27,066,

Tag-uri: BVB ASF