Ferratum Capital Germany GmbH / Key word(s): IPO
20.01.2015 17:58
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The issuer / publisher is solely responsible for the content of this announcement.
Ferratum: Offer period for IPO starts on 22 January 2015
Berlin, 20 January 2015 - Ferratum Oyj (together with its consolidated
subsidiaries hereafter "Ferratum"), an international provider of mobile
consumer loans and the Finnish parent company of the German corporation and
bond issuer Ferratum Capital Germany GmbH, announces details of its planned
IPO on the Prime Standard segment of the regulated market of the Frankfurt
Stock Exchange. The Finnish Financial Supervisory Authority has approved a
securities prospectus today and transmitted it together with the
certificate of approval to the German Federal Financial Supervisory
Authority.
The offer period in which orders for shares can be placed starts on 22
January 2015, and is expected to end on 4 February 2015. Offers may be
submitted within a price range between EUR 15 and EUR 18 per share. The
offer includes up to 6,517,188 ordinary shares with no nominal value,
consisting of up to 2,833,560 newly issued shares of the Company, up to
2,833,560 shares offered by the current shareholders of Ferratum Oyj and a
further up to 850,068 shares from the two largest shareholders of Ferratum
Oyj for purposes of potential over-allotments (Greenshoe option). Based on
a price of EUR 16.50 per offered share (the middle of the price range) and
assuming all shares are placed with investors, the gross proceeds for the
offering will be EUR 107.5 million. Thereof gross proceeds of EUR 46.8
million and net proceeds of EUR 44.6 million would flow to Ferratum. Gross
proceeds of EUR 60.8 million and net proceeds of EUR 59.3 million would
flow to the selling shareholders.
The final offer price is expected to be determined on 4 February 2015
following the bookbuilding. The commencement of trading in the shares in
the Prime Standard segment of the regulated market of the Frankfurt Stock
Exchange is expected on or about 6 February 2015. ICF BANK AG has been
appointed as Sole Global Arranger and Sole Bookrunner. Co-Lead Managers are
equinet Bank AG and Hauck & Aufhäuser Privatbankiers KGaA.
The approved prospectus will be available soon for download on the
Company's website under the Investor Relations section of Ferratum's
website https://www.ferratumgroup.com/.
Additional information:
ISIN: DE000A1X3VZ3
WKN: A1X3VZ
Market Segment: Entry Standard for corporate bonds of the Frankfurt Stock
Exchange
Disclaimer
This Quasi-Ad-hoc announcement is not a prospectus pursuant to the
applicable capital market rules in Finland or Germany. Any investment
decision must be made solely on the basis of the information contained in
the prospectus as approved by the Finnish Financial Supervisory Authority
and duly published. A prospectus pursuant to Finnish securities laws has
been approved by the Finnish Financial Supervisory Authority and duly
published and is available at https://www.ferratumgroup.com/, and can be
obtained free of charge during normal business hours at the Company's
offices in Germany. The prospectus is the only binding offering document in
connection with the offering of the Company's securities. The Quasi-Ad-hoc
announcement contained herein is not binding.
END OF THE QUASI-AD-HOC ANNOUNCEMENT
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