Malin Corporation Irish Stock Exchange IPO

Overview:

• Malin Corporation has undertaken an IPO on the Irish Stock Exchange.
• The Irish life sciences company raised €330 million and the shares will trade on the Enterprise Securities Market (ESM).
• The offering consisted of 30,207,167 new ordinary shares at a price of €10.00 per share.
• Davy acted as broker.
• The Ireland Strategic Investment Fund (ISIF) invested €50 million making it a 15% shareholder in the company.

Sam Duke - Editor