The primary subscription of eMan shares began today at 10:00.

On 14 August, the software company eMan obtained permission to enter the PX Start market of the Prague Stock Exchange from the Czech National Bank. The company intends to offer up to a 47 per cent stake, i.e. up to 914 thousand shares. The subscription takes place at a price of 51 to 56 crowns per share. It is possible to invest through members of the PSE during the subscription period between 17 and 31 August. The IPO is also open to retail investors; the minimum investment is set at approximately CZK 25 thousand.

The company, which supplies comprehensive software solutions to energy companies, industrial companies, banks, and car manufacturers, posted sales of almost CZK 170 million last year. The IPO should bring new capital from  CZK 40 to 50 million, which the company intends to use for its further development, possible acquisitions, and also for the partial repayment of bank loans.