Rentabiliweb’s operation rises to more than € 22 million, thus illustrating the success of the offering and strong demand since its market transfer.
As part of the offering linked to its changeover to the Euronext market, and in light of the operation’s success, Rentabiliweb is announcing that it will fully exercise its over-allotment option (greenshoe). This will result in the issuing of 407,383 additional new shares at the offering price, € 7.05 per share.
The decision to exercise the option was made by Kepler Capital Markets, lead manager and sole bookrunner, along with Arkeon, joint lead manager of the operation. The exercising of this option, 9 trading days after initial listing, confirms the market’s strong demand and enthusiasm for Rentabiliweb shares. Payment of the new shares was made on 25 February 2010.
As a result, a total of 1,386,105 shares have been made available to the market as part of the capital increase. This brings the Group’s total number of shares to 17,164,721 and scales the operation at more than € 22 million, including transfers of securities.
Following the exercise of the over-allotment option, Jean-Baptiste Descroix-Vernier, directly and indirectly via Saint Georges Finances SA, remains the Group’s majority shareholder, with 50.5% of the capital. The free-float now stands at nearly 31%, thus meeting the target initially set by the Group.
The stabilizing agent, Kepler Capital Markets, indicated that it did not need to perform any stabilization operations during the stabilization period, which began 15 February 2010 and ended today.
