Hoffmann Green Cement Technologies launches its Initial Public Offering on Euronext Growth Paris

  • Indicative offering price range: between €15.66 and €19.14 per share
  • Amount of the offering: €55.0 million, that could reach a maximum of €72.7 million if the extension clause and overallotment option are both fully exercised, of which €17.6 million will be subscribed by offsetting receivables
  • Subscription period: October 2 to 15, 2019 for the open price offering, and until October 16, 2019 for the Global Placement
  • Fixing of the offering price and start of trading: the fixing of the offering price is scheduled on October 16, 2019, and trading on Euronext Growth Paris is expected to start on October 21, 2019
  • Subscription commitments: €35.6 million of which €17.6 million by offsetting receivables
  • Hoffmann Green Cement Technologies is labelled Innovative Company by Bpifrance and its shares will be eligible for the PEA and PEA “PME-ETI” share savings schemes
  • Objective of the operation: to finance the construction of two new production sites in order to reach a production capacity of 550,000 tons of cement per year.

Find the full press release here

Information and subscription terms and conditions on

https://www.hoffmann-finance.com