BioMar Group A/S rose in its first day of trading after Copenhagen’s largest initial public offering since Netcompany Group A/S listed in 2018.
Shares in the fish-feed maker opened at 114 Danish kroner ($17.71) on Thursday, up 5.6% from the offering price of 108 kroner per share. The IPO priced at the top of the range, raising about 2.7 billion kroner, mainly for its owner Schouw & Co. A/S.