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Hostelworld Starts Unconditional Dealings On Main Market (ALLIPO)

2nd Nov 2015 11:06

LONDON (Alliance News) - Shares in hostel-focused online booking platform Hostelworld Group PLC Monday began unconditional dealings on the London Main Market.

Last week, the company announced that it had priced its initial public offering at 185 pence each for 71.7 million shares, giving it a market capitalisation of GBP176.8 million.

Shares in Hostelworld were trading down 0.1% at 201.48 pence Monday morning, still well above the IPO price.

By Karolina Kaminska; [email protected] @KarolinaAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.


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Hostelworld
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