Ferratum Capital Germany GmbH / Key word(s): IPO
04.02.2015 20:29
Dissemination of a Corporate News, transmitted by DGAP - a service of EQS
Group AG.
The issuer / publisher is solely responsible for the content of this announcement.
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Ferratum: Offer price set at EUR 17 per share for its Initial Public
Offering on the Prime Standard in Frankfurt
Berlin, 4 February 2015 - The offer period for Ferratum Oyj's (ISIN:
FI4000106299, WKN A1W9NS) Initial Public Offering on the Prime Standard of
the Frankfurt Stock Exchange ended today. Ferratum Oyj (together with its
consolidated subsidiaries hereafter "Ferratum Group" or "Ferratum") is the
Finnish parent company of the German corporation and bond issuer Ferratum
Capital Germany GmbH. All 6,517,188 shares offered in the IPO were placed
successfully. Ferratum and the selling shareholders fixed the offer price
with ICF BANK AG as Sole Global Arranger and Sole Bookrunner and the two
Co-Lead Managers, equinet Bank AG and Hauck & Aufhäuser Privatbankiers KGaA
at EUR 17 per share, and thus at the upper end of the price range. The
total gross proceeds from the IPO are EUR 110.8 million. The order book was
considerably oversubscribed.
Ferratum Oyj will issue 2,833,560 new shares with no nominal value from a
capital increase against cash contribution and will receive gross proceeds
of EUR 48.2 million and net proceeds of EUR 46.0 million. Ferratum will use
the net proceeds to implement its growth strategy. Furthermore a total of
3,683,628 shares from the holdings of the current shareholders were placed
in the IPO (including additional 850,068 shares from Ferratum's two largest
shareholders which were used for an over-allotment (Greenshoe)) with
maximum gross proceeds to the selling shareholders of EUR 62.6 million due
to exercise of the greenshoe option.
The initial listing of Ferratum Group Oyj's shares on the Prime Standard
segment of the regulated market of the Frankfurt Stock Exchange is
scheduled to take place on 6 February 2015.
END OF THE QUASI-AD-HOC ANNOUNCEMENT
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.
About Ferratum Group:
The Finnish Ferratum Group, a pioneer for mobile micro credits in Europe,
offers short-term consumer loans. Ferratum's customers can utilize digital
media to apply for consumer credit in amounts varying between EUR 25 and
EUR 2,000. Managed by its founder Jorma Jokela, Ferratum has expanded
rapidly since it was founded in 2005: Ferratum has 1.0 million active and
former customers who have been granted one or more loans in the past and
2.8 million total user accounts in its database (as of 31 December 2014).
In the fiscal year 2013 revenues amounted to EUR 58.2 million with an EBIT
margin of 12.6%. Ferratum is represented in 20 markets (including Canada)
and employs more than 350 people.
Contact:
Ferratum Group
Dr. Clemens Krause, CFO
T: +49 30 88715308
F: +49 30 88715309
M: [email protected]
cometis AG
Henryk Deter | Mariana Kuhn
T: +49 611 20 58 55-61
F: +49 611 20 58 55-66
M: [email protected]
04.02.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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