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FleetMatics Group PLC IPO of 7.8 Million Shares Prices Between $15 to $17-WSJ


Monday, 24 Sep 2012 06:35am EDT 

The Wall Street Journal reported that FleetMatics Group PLC plans for an initial public offering of up to $100 million in ordinary shares as the software-as-a-service provider said it was looking to raise funds for working capital and other general corporate purposes. Based on an IPO price of $16 a share, Fleetmatics on Monday said it could get about $88.5 million from the offering. The company has applied to list its shares on the New York Stock Exchange under the symbol FM. 

Company Quote

28.15
0.5 +1.81%
4:02pm EDT