Hoffmann Green Cement Technologies today announces the major success of its Initial Public Offering on the market of Euronext Growth Paris (ISIN: FR0013451044 / Ticker: ALHGR).
- Global amount of the Offering: €65.4 million (of which €17.6m subscribed by offsetting receivables), which could reach €75.2 million if the overallotment option is fully exercised
- Capital increase of €47.8m, which could reach €57.6m if the overallotment option is fully exercised
- Largest IPO on Euronext Growth Paris since this market was created
- Operation oversubscribed 2.2 times / Global demand of €126 million
- Offering price set at 18.0 euros per share (at the top of the indicative price range)
- Market capitalization of €236.3 million
- Shares will begin trading on Euronext Growth Paris on October 21, 2019
Find the full press release here.