Tuesday, July 23, 2013

Rex International (IPO)

Rex International (upcoming Catalist IPO) - an EPC Swedish O&G player, hopes to raise up to $85.25m by placing out 168m shares (including over-allotment) at 50cts each. This IPO of 142.5m shares comprises 2.5m public shares and 140m placement shares, subject to an over-allotment option of 28m shares. The IPO closes at noon on July 29, with trading of the shares set to begin on July 31.

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