PRAGUE (Thomson Financial) - The Prague Stock Exchange's listing committee has approved the share issue of industrial developer VGP Industrialni Stavby and trading in the stock should start within three weeks, exchange spokesman Jiri Kovarik said.
He said VGP's listing, which will reportedly raise 100-150 mln eur, is still subject to approval from the securities commission in Belgium, where the company will be dually listed.
'If there will be no obstacles or errors (in the prospectus), we will see this issue on the market in two to three weeks,' Kovarik said.
VGP spokesman Michal Burian declined to comment on the timing or size of the listing. jason.hovet@thomson.com +420 222 191 109 jrh/ms1 COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.