October 19, 2017 / 5:03 PM / 10 months ago

BRIEF-Groupe SMCP announces successful initial public offering on Euronext Paris‍​

Oct 19 (Reuters) - GROUPE SMCP SAS (IPO-SMCP.PA):

* SUCCESS OF SMCP’S INITIAL PUBLIC OFFERING ON EURONEXT PARIS‍​

* OFFERING PRICE IS €22 PER SHARE‍​

* GLOBAL OFFERING OF €541 MILLION, MAY BE INCREASED UP TO € 623 MILLION IF THE OVER-ALLOTMENT OPTION IS FULLY EXERCISED

* GLOBAL OFFERING OF €541 MILLION WHICH MAY BE INCREASED UP TO €623 MILLION IF OVER-ALLOTMENT OPTION EXERCISED FULLY

* OFFERING INCLUDES SHARE CAPITAL INCREASE OF €127 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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