AKASOL AG
AKASOL AG
Information on First Quotation
- Description:
- New Company (Regulated Market)
- Transparency Standard on First Quotation:
- Prime Standard
- Transaction Type:
- New Issue
- Supersector:
- Consumer Goods
- Sector:
- Automobile
- Subsector:
- Auto Parts & Equipment
- Country:
- Germany
- Symbol:
- ASL
- First Trading Day:
- 29 Jun 2018
- ISIN:
- DE000A2JNWZ9
- Class:
- Bearer shares without par value
- Offering Period:
- 18 Jun 2018 - 27 Jun 2018
- Issuing Method:
- Bookbuilding Procedure
- Bookbuilding Range:
- € 48.50 - 64.50
- Subscription Price:
- € 48.50
- First Price:
- € 48.80
- Leading Underwriter:
- Citigroup, COMMERZBANK
- Underwriter:
Joint Global Coordinators & Joint Bookrunners:
Citigroup, COMMERZBANK
Joint Bookrunner:
Bankhaus Lampe KG- Placement Volume excl. Greenshoe:
- € 107,275,016.00
- Placement Volume in Shares excl. Greenshoe:
- 2,211,856
- Placement Volume incl. Greenshoe:
- € 118,002,488.50
- Placement Volume of Executed Greenshoe:
- € 10,727,472.50
- Placement Volume of New Shares:
- 2,061,856
- Placement Volume of Existing Shares:
- 371,185
- Greenshoe in Shares:
- 221,185
- Greenshoe Executed in Shares:
- 221,185
- Priority Allocation:
No preferential allocation to existing shareholders
- Allocation friends & family:
- 0.00 %
- Capital Stock / Shares on First Quotation:
- 6,061,856
- Total Market Cap on First Quotation:
- € 295,818,572.80
- Market Cap (Free Float) on First Quotation:
- € 117,982,206.42
- Free Float on First Quotation:
- 40.13 %
- Change First Price compared to Issuing Price:
- 0.62 %
- Further Information:
- Selling shareholders: All shareholders mentioned above.
- The offering will comprise a total of up to c. 2.2 million ordinary bearer shares with no par value, consisting of up to c. 2.1 million new shares from a capital increase and 150,000 existing shares offered by the current shareholders. In addition, up to 10% of the offered shares from the holdings of the current shareholders may be allocated through over-allotments (the "Greenshoe Option").
The capital increase will be implemented to an extent that, contingent on the final offer price, the sale of the new shares will generate gross proceeds for AKASOL of approx. EUR 100 million.
Number of Shares in Lockup Period
Months | Shares |
---|---|
12 | 3,628,815 |
Shareholder Structure on First Quotation
Name | Before IPO | After IPO |
---|---|---|
Schulz Group GmbH | 76.00 % | 46.72 % |
Felix von Borck | 11.00 % | 6.20 % |
Stephen Raiser | 8.00 % | 4.33 % |
Björn Eberleh | 5.00 % | 2.62 % |
Free float | 0.00 % | 40.13 % |