The Polish DTH platform Cyfrowy Polsat has reduced bids in the individual investor segment of its forthcoming IPO by 88.5%.
At the same time, the institutional investor segment has been 4.3 times oversubscribed. The IPO, which will be one of the biggest in Poland’s history, is due to take place on May 6 and could raise Cyfrowy Polsat, which currently has around 2.2 million subscribers, up to PLN839 million (€242.9 million ). The individual price share has been set at PLN12.5.
