25-10-2016 13:31 via news.yahoo.com

ConvaTec's London listing expected to price at bottom of range - sources

The London flotation of British medical products and technology company ConvaTec is expected to price at 225 pence a share, the bottom of an earlier price range, two sources said, amid shallow investor support for new stock market listings. Danish debit card company Nets was trading some 13 percent below its offer share price of 150 Danish crowns on Tuesday, while UK gym operator Pure Gym and German real estate company OfficeFirst pulled their planned IPOs earlier this month. Books for ConvaTec'
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