Romanian travel agency Christian Tour launches IPO on Bucharest Stock Exchange on May 21-28
Christian Tour, a major tourism brand and operator in the Romanian organized travel market, announced the launch of its initial public offering, which will take place between May 21 and 28. The company will list its shares on the Regulated…
Radu Dumitrescu · Journalist
· Updated · 4 min read
Christian Tour, a major tourism brand and operator in the Romanian organized travel market, announced the launch of its initial public offering, which will take place between May 21 and 28. The company will list its shares on the Regulated Market of the Bucharest Stock Exchange under the stock ticker TRIP.
The price range for the offering has been set between RON 1.875 and RON 2.135 per share for up to 69,500,000 newly issued ordinary shares by the company, as part of a share capital increase, as well as the sale by CPM Cambridge Holding S.R.L., the investment vehicle of the founding shareholder, Cristian Pandel, of up to 14,000,000 existing ordinary shares.
