EDreams ODIGEO (ES:EDR) has released an update.
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EDreams ODIGEO’s voluntary partial public offer for 3.57% of its shares exceeded expectations with acceptances for 34.20% of its capital. Due to the oversubscription, shares were allocated through a linear distribution to 362 acceptants and a proration coefficient of 9.3871%. Ultimately, the targeted 4,550,864 shares were successfully distributed, aligning with the offer’s maximum limit.
For further insights into ES:EDR stock, check out TipRanks’ Stock Analysis page.