The IAWS spin-off for its agribusiness and property interests, Origin Enterprises, has set its share price at flotation at €3.
The shares are due to list on the IEX in Dublin and London's AIM on June 5th. The total size of the share-offering is €100 million.
In a statement this morning Origin CEO Tom O'Mahony: "Admission to IEX and AIM provides renewed momentum to Origin's businesses. Origin is now well placed to take advantage of opportunities that exist in each of its markets. Admission provides the platform for Origin's development strategy going forward."
The flotation values Origin at €400 million, with 25 per cent of shares on offer.