Eurowag (LSE:WPS) has priced its listing on the London Stock Exchange at 150p per share valuing the card payment network at just over £1bn.
The business provides truckers with a card payment system, including for fuel, through a network of around 15,500 points across Europe.
Eurowag will raise around €200mln (£170mln) through the sale of 113mln new shares, with existing owners selling a further 11mln shares that will be followed by a further 12mln in an over-allotment option.
Payments company Eurowag plans to raise €200mln in London IPO
Conditional dealings started this morning with unconditional trading scheduled for 13 October.
Martin Vohánka, CEO and founder, said: "Today is an exciting milestone for Eurowag.
"As a listed company we will be better able to capture the significant opportunity that lies ahead for Eurowag to accelerate our growth plans and build on our position as one of the leading and fastest-growing pan-European integrated payments & mobility platforms focused on the commercial road transportation industry.”