Brief: United Internet Sets Final Offer Price Ionos IPO At EUR 18.50 Per Share

United Internet AG

07/02/2023 17:07

Feb 7 (Reuters) - United Internet AG  UTDI.DE :
    * FINAL OFFER PRICE FOR IPO OF IONOS GROUP SE SET AT EUR
18.50 PER
SHARE
    * 24,150,000 SHARES FROM HOLDINGS OF UNITED INTERNET AND
WARBURG
PINCUS ARE BEING PLACED WITH INVESTORS
    * ASSUMING FULL EXERCISE OF GREENSHOE OPTION UNITED INTERNET
WILL
RECEIVE GROSS PROCEEDS OF C. EUR 336 MILLION
    * TOTAL PROCEEDS FROM IPO WILL BE C. EUR 447 MILLION AT
FINAL
OFFER PRICE
    * EXPECTED FREE FLOAT, ASSUMING FULL EXERCISE OF GREENSHOE
OPTION,
AMOUNTS TO C. 17.3%
    * UPON COMPLETION OF OFFERING AND ASSUMING FULL EXERCISE OF
GREENSHOE OPTION, UNITED INTERNET WILL HOLD C. 62.1% AND WP XII
WILL HOLD C. 20.6% OF SHARES IN COMPANY RESPECTIVELY

Source text for Eikon:  ID:nEQScmx4a 
Further company coverage:  UTDI.DE 
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