Price floor for Astra Group SPO set at 550 rubles/share

MOSCOW. April 17 (Interfax) - PJSC Astra Group, the parent of a group of Russian companies that develop infrastructure software, including the Astra Linux operating system, has set the lower end of the price range for its secondary public offering at 550 rubles per share, the company announced.

"The company has received indications of demand from major Russian management companies and other institutional investors, as well as retail investors. At the moment the order book is covered within the announced size of the deal and the stated price guidance," Astra Group said.

The final share price for the SPO will be set by April 19 and the order book will be open until 6:30 p.m. on April 18.