Valinor decided to state the date of the IPO which was delayed earlier
2011-07-22 16:02:30
Company has set a new date of IPO which is February 2012 as stated by the main owner of the company Kirill Podolskiy.
CEO of Volar Company (part of Valinor) Yuriy Gorgeychuk stated that IPO was primarily set for July at 33-39.5 PNL. However due to unfavorable bueiness environment on financial markets in Europe, Valinor decided to postpone the placement.
Company Expected to raise 210-347M USD from the IPO. It was also expected that the share of the main owner of the company, Valars Management Ltd. Will decrease from 90% to 51.3%. Free float was set at maximum 40.5%.