The Book for the Enav IPO would have already been covered. They report it close to the operation, according to which the demand would already be such as to cover the entire amount offered, ie 252,6 million shares, equal to 46,6% of ENAV's capital, including the greenshoe. However, the price level on which the question was focused was not indicated.
We remind you that the offer started this morning and will end on July 21st. The price range for Enav shares has been set at 2,9-3,5 euros per share, a range which gives the company a capitalization of up to 1,896 billion.
Barclays, Credit Suisse and Mediobanca are the global coordinators of the operation and joint bookrunners together with Banca IMI, JP Morgan and Unicredit.
It should also be underlined that the managing director, Roberta Neri, on the sidelines of the presentation of the IPO which started today in Milan aimed at listing on the Stock Exchange, announced that the start of trading on Piazza Affari is scheduled for 26 July.
