Dong confirmed on Monday that the IPO stabilising manager, Morgan Stanley & Company International, had exercised the overallotment option on behalf of the managers to purchase more than 10.9 million additional shares at the offer price of Dkr235 per share.
Dong launched the IPO earlier this month and had stated it expected gross proceeds from the IPO to amount to Dkr17 billion before the exercise of the overallotment options.
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