The entire share offer for the listing of Noval Property was covered yesterday, the second day of the process, by private investors, according to reports. Institutional investors are expected to enter the process today.

It is recalled that the maximum offer price was set, in cooperation with the Coordinating Principal Underwriters, at €2.82 for each of the new shares, with the lowest price in the range being set at €2.6.

The public offer is for up to 17,388,025 new ordinary shares with a nominal value of €2.5.

Based on the maximum offer price, the total proceeds of the offering, assuming full coverage, will amount to approximately €49 million.