Tegma share price set at 26 reais

Tegma share price set at 26 reais

SÃO PAULO, June 28 (Reuters) – Tegma Gestão Logística share price was set at 26 reais last Thursday evening, the lowest listed price within the estimated range between 26 and 32 reais.

The primary and secondary issues, according to the prospectus, would total 20.2 million shares, corresponding to a 525.2 million reais offer.

According to the Brazilian Securities and Exchange Commission (CVM)’s website, however, the company’s offer involved the issue of 11,162,635 shares by the company, corresponding to an offer value of approximately 290.2 million reais, according to the autarchy.

To access the PDF version, click here.