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News series “German IPOs & IBOs in the spotlight“ – 04/2017, 09.06.2017
Wiesbaden, 09. June 2017 – Before the summer break, the IPO market in Germany is gaining momentum once again. Time and again, there were rumors about imminent initial public offering of the restaurant chain Vapiano. On May 31st, the company officially announced that Vapiano is planning an IPO in 2017. The company expects an issue volume of new shares worth around 85 million euros. The proceeds from the issuance are to be invested in further growth and a subordinated shareholder loan of 10 million euros is to be repaid.
At the same time food delivery service Delivery Hero has announced its plans for an IPO. The company prepares for a stock exchange listing through the initial placement of newly issued registered shares from a capital increase as well as existing registered shares, which are to be admitted to the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange. Gross proceeds of around EUR 450 million from newly issued shares will be targeted.
Furthermore, the Naga Group AG, parent company of social trading network SwipeStox, specialized in disruptive trading technology in the financial sector, is targeting a stock exchange listing in the open market in the scale segment on July 10th 2017. In total, private and institutional investors in Germany, Austria and Spain will be offered up to 1,000,000 new registered shares. The gross proceeds of up to 2.6 million euros will be invested especially in marketing measures for the SwipeStox app as well as in software and business development of the company.
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If you are planning an IPO or if you still require support for your IPO, cometis AG is your reliable partner for your IPO communication. Find out more about our wide range of IPO communications services in the IPO section of our website.