Polish PGE sets issue price range at 17.5-23 zlotys

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Mon Oct 12, 2009 2:35am EDT

(Corrects spelling of "initial" in first paragraph)

WARSAW Oct 12 (Reuters) - Polish utility PGE set the price range for its flotation at 17.5-23 zlotys per share, valuing what is expected to be the largest initial public offer in Europe this year at up to 6 billion zlotys ($2.1 billion), two sources told Reuters on Monday.

The company was unavailable for immediate comment. (Reporting by Pawel Bernat and Maciej Onoszko, writing by Patryk Wasilewski)

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