EQS-Adhoc
Springer Nature AG & Co. KGaA: Final offer price for Springer Nature shares set at €22.50 per share
Für Sie zusammengefasst
- Final offer price for Springer Nature set at €22.50.
- Total shares placed: 26,650,795; market cap €4.5B.
- Trading starts on Frankfurt Stock Exchange on Oct 4.
EQS-Ad-hoc: Springer Nature AG & Co. KGaA / Key word(s): IPO |
AD HOC RELEASE PUBLICATION OF INSIDE INFORMATION BY WAY OF AD HOC DISCLOSURE PURSUANT TO ARTICLE 17 OF THE REGULATION (EU) NO 596/2014 NOT FOR DISTRIBUTION OR ANNOUNCEMENT, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR ANNOUNCEMENT WOULD BE UNLAWFUL. Final offer price for Springer Nature shares set at €22.50 per share Berlin, 01 October 2024 Today, the final offer price for the shares of Springer Nature AG & Co. KGaA (“Springer Nature”) was set in the upper half of the price range at €22.50 per share which corresponds to a market capitalisation for Springer Nature of around €4.5 billion. In total, 26,650,795 shares are being placed with investors, thereof 8,888,889 new shares (the “New Shares”), 14,285,716 existing shares from the holdings of funds advised by BC Partners (“BC Partners”) and 3,476,190 additional existing shares are being placed from the holdings of BC Partners in connection with over-allotments. Springer Nature will receive gross proceeds of €200 million from the sale of the New Shares. The total offer size is expected to amount to around €600 million (assuming full exercise of the greenshoe option). Following the completion of the offering (assuming full exercise of the greenshoe option), the free float is expected to be around 13.4%. The two existing shareholders, entities controlled by the Holtzbrinck Publishing Group and BC Partners, will hold around 50.6% and around 36.0%, respectively. Diskutieren Sie über die enthaltenen Werte |
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