Uralkali raised $947.97m in an IPO on the London Stock Exchange placing 12.75 percent of its share capital at $3.5 per share and $17.5 per GDR representing five shares.
The IPO price range had been set at $2.8-3.5 per share, and $14.-17.5 per GDR. All in all, the company floated 270,847,953 shares excluding its stock option (15 percent of the total GDR volume). The stocks are to be listed on LSE by October 19, 2007.
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