Zentiva to issue shares on Prague Stock Exchange this month

The largest Czech pharmaceutical company, Zentiva, will issue shares on the Prague Stock Exchange on the 28th of June, sources close to the company told the Czech news agency. It would be the first initial public offering on the Czech bourse since trading began in 1993. All shares traded now were listed at the time of the so-called coupon privatisation process in the 1990s. Zentiva, created through a merger of Czech drug maker Leciva and Slovakofarma, is the 4th largest drug maker in Eastern Europe.