FRANKFURT, June 23 German roofing company Braas
Monier (IPO-BMBG.F) will likely sell its shares at between 24
euros and 24.50 euros ($32.58-$33.26) apiece in a stock market
listing later this week, two sources familiar with the
transaction said on Monday.
"Banks are guiding investors to expect the pricing to be at
24-24.50 euros a share, books are covered well in this range",
one of the sources said.
Braas Monier earlier this month announced a price range of
23 euros to 28 euros for the flotation that would be the largest
in Germany so far this year, following the launches of car parts
maker Stabilus and 3D printer maker SLM Solutions
The start of trading is planned for Wednesday, June 25.
($1 = 0.7366 Euros)
(Reporting by Alexander Huebner writing by Arno Schuetze;
Editing by Jonathan Gould)