Hostelworld shares listed on London and Dublin exchanges
Price set at 185 pence for IPO
Hostelworld, the online site for tourist accommodation founded by Malahide native Ray Nolan in 1999, has been valued at €245m after announcing its IPO on the London and Irish Stock Exchanges.
The shares were listed on both exchanges with a price of 185p per share.
The offer will see 71.4m shares listed and is expected to raise £125.4m (€173.7m) for the company.
Approximately 19.8pc of the issued share capital will be held by ...
