Details
Name |
Segezha Group |
Placement specification |
ADR |
Placement type |
IPO |
Subscription type |
Public offering |
Start of placement |
21.04.2021 |
Status |
Completed |
End of placement |
28.04.2021 |
Placement amount |
3 844 142 260 |
Placement volume, mln. USD |
411 |
Offering price, USD |
0.11 |
Price change from the placement date |
-35.80% |
Trading floor |
MICEX |
Investment banks |
Alfa Capital Markets, Bank of America, Gazprombank, JP Morgan, Renaissance Capital, UBS Investment Bank, VTB Capital |
Capitalisation at the moment of placement, mln. USD |
1 676 |
Country of operation |
Russia |
Industry |
Forest products industry, pulp and paper subsector |
Offering Memorandum |
|
Additional information
12.04.2021 Segezha Group PJSC , a subsidiary of Sistema PJSFC and a leading Russian vertically integrated fiber-based packaging solutions and forest products company, today announces its intention to conduct an initial public offering of ordinary sharesand to list on Moscow Exchange.
The Offering will consist of a primary offering of newly issued shares to raise at least RUB 30 billion and an over‑allotment option of secondary shares. Proceeds from the primary offering will be deployed to accelerate the Company’s growth by financing value accretive investments and optimizing leverage.
28.04.2021 Segezha Group PJSC, a subsidiary of Sistema PJSFC and a leading Russian vertically integrated holding company in the forest industry performing a full cycle of operations from logging to advanced wood processing, today announces that trading in ordinary shares of Segezha Group has begun today on Moscow Exchange. The stock trades under the ticker SGZH.
The shares are included in MOEX’s Level 1 List.
Moscow Exchange Supervisory Board Chairman Oleg Viyugin, Segezha Group President Mikhail Shamolin, Sistema President Vladimir Chirakhov, Sistema Managing Partner and Segezha Group Board Chair Ali Uzdenov and Sistema Deputy Board Chair Anna Belova took part in a ceremony marking Segezha Group’s start of trading.
Segezha Group raised RUB 30 billion through its initial public offering (IPO), with the offer price set at RUB 8 per share.
JPMorgan, UBS, VTB Capital, BofA Securities, Gazprombank, Renaissance Capital and Alfa Capital Markets acted as bookrunners for the offering.
Issuer
Segezha Group is the largest vertically integrated Russian timber holding with a full cycle of logging and downstream processing.
Issuer news
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25.10.2021
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17.08.2021
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18.05.2021
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28.04.2021
-
12.04.2021
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05.02.2021
-
27.10.2020
All news