Major success of Hoffmann Green Cement Technologies’ Initial Public Offering

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.