The placement price and the allotment of the 10,682,800 new shares of Mekom Jsc will be announced January 24, said Boyka Vasileva, Investment Banking director in UBB, during the company's presentation before the investing community yesterday. Mekom will IPO between January 21 -23, the price per share will be determined via book-building. The payment deadline is January 29, and the minimum bid has been set at 2.2 leva.

Stefan Raychev, company president and majority shareholder, said that 2007 non-consolidated revenue is estimated at more than 96 mln leva (49.084 mln euros), and profit is expected to top 4 mln leva (2.045 mln euros).

The chart below contains more information on the company's financial expectations through 2012. Figures are in BGN.

In Mln BGNSales RevenueNet Profit200764,414,26200884,95,282009116,0910,032010147,6716,692011181,4222,052012212,428,9