Brief: Hoffmann Green IPO Overallotment Brings Gross Proceeds Of EUR 8.5 Mln

Hoffmann Green Cement Technologies SA

08/11/2019 09:09

Nov 8 (Reuters) - Hoffmann Green Cement Technologies SAS
 ALHGR.PA :
    * ANNOUNCED ON THURSDAY THAT 86.9% OF THE OVERALLOTMENT
OPTION
EXERCISED AS PART OF IPO ON EURONEXT GROWTH PARIS
    * OPTION RESULTED IN THE ISSUANCE OF 474,103 ADDITIONAL NEW
SHARES
AT OFFERING PRICE OF EUR 18 PER SHARE, WITH GROSS PROCEEDS OF
EUR 8.5 MLN
    * TOTAL NUMBER OF SHARES OFFERED IN IPO AMOUNTS TO 4.1 MLN
NEW
SHARES, REPRESENTING 30% OF SHARE CAPITAL
    * OPTION BRINGS GROSS PROCEEDS OF OFFERING TO AROUND EUR 74
MLN
    * SETTLEMENT-DELIVERY OF THE ADDITIONAL NEW SHARES SCHEDULED
FOR
NOVEMBER 12, 2019
    * CAPITAL STOCK COMPOSED OF 13.6 MLN SHARES AFTER EXERCISE

    
 Further company coverage:  ALHGR.PA  
   


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