RIGA - Latvia’s Citadele Bank has extended the closing date for its initial public offering (IPO) to Friday, Nov. 13, BNS was told at the bank.
The deadline for subscription to Citadele Bank shares has been moved to 3 p.m., Nov. 13, 2015.
The final pricing of the bank’s shares is likely to be announced on Nov. 16, 2015 and trading in Citadele Bank shares on Nasdaq Riga and global depositary receipts (GDRs) on the London Stock Exchange might begin on Nov. 23, 2015.
The bank’s representatives said that the closing date for the IPO was ext...
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