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HelloFresh prices IPO at 10.25 euros per share, centre of range

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11/01/2017 | 08:08pm CET

Loss-making German meal-kit-delivery group HelloFresh on Wednesday priced its initial public offering (IPO) at 10.25 euros (8.99 pounds)per share, at the centre of an indicative price range of 9 to 11.50 euros.

The company said all 27 million newly-issued ordinary shares were placed. Its stock is due to start trading on the Frankfurt stock exchange on Thursday.

(Reporting by Andreas Cremer; Editing by Edmund Blair)

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