Brief: Paragon: price range for planned IPO of Voltabox of EUR 20-24/shr
25/09/2017 07:01
Sept 25 (Reuters) - PARAGON AG PGNG.DE :
* DGAP-ADHOC: PARAGON AG: E-MOBILITY PIONEER VOLTABOX AG
ANNOUNCES PRICE RANGE FOR PLANNED IPO
* VOLTABOX AG HAS SET A PRICE RANGE OF BETWEEN EUR 20.00
AND EUR 24.00 PER SHARE
* OFFER IS TO CONTAIN MAINLY FIVE MILLION NEW SHARES PLUS A
GREENSHOE OPTION OF 0.825 MILLION ADDITIONAL NEW SHARES FROM A
CAPITAL INCREASE OF VOLTABOX AG
* EXISTING SHAREHOLDER PARAGON AG WILL ALSO SELL AN
ADDITIONAL 0.5 MILLION SHARES IN OFFER
* TRADING OF VOLTABOX IN PRIME STANDARD SEGMENT IS EXPECTED
TO START ON OCTOBER 13, 2017
* PARAGON AG INTENDS TO REMAIN MAJORITY SHAREHOLDER OF
VOLTABOX FOR FORESEEABLE FUTURE
Source text for Eikon: ID:nEQb7WfcCa
Further company coverage: PGNG.DE
(Gdynia Newsroom)
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