Reuters logo
BRIEF-Paragon: price range for planned IPO of Voltabox of EUR 20-24/shr
September 25, 2017 / 6:09 AM / in 2 months

BRIEF-Paragon: price range for planned IPO of Voltabox of EUR 20-24/shr

Sept 25 (Reuters) - PARAGON AG:

* DGAP-ADHOC: PARAGON AG: E-MOBILITY PIONEER VOLTABOX AG ANNOUNCES PRICE RANGE FOR PLANNED IPO

* ‍VOLTABOX AG HAS SET A PRICE RANGE OF BETWEEN EUR 20.00 AND EUR 24.00 PER SHARE​

* ‍OFFER IS TO CONTAIN MAINLY FIVE MILLION NEW SHARES PLUS A GREENSHOE OPTION OF 0.825 MILLION ADDITIONAL NEW SHARES FROM A CAPITAL INCREASE OF VOLTABOX AG​

* ‍EXISTING SHAREHOLDER PARAGON AG WILL ALSO SELL AN ADDITIONAL 0.5 MILLION SHARES IN OFFER​

* ‍TRADING OF VOLTABOX IN PRIME STANDARD SEGMENT IS EXPECTED TO START ON OCTOBER 13, 2017​

* ‍PARAGON AG INTENDS TO REMAIN MAJORITY SHAREHOLDER OF VOLTABOX FOR FORESEEABLE FUTURE​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below