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Large success of the IPO of VOGO !

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Large success of the IPO of VOGO !

Large success of the IPO of VOGO !

Fundraising of €14.2 Million for the first Sportech on EURONEXT GROWTH® PARIS

 

Yesterday VOGO announced its large and successful initial public offering on Euronext Growth Paris (ISIN Code: FR0011532225 / Symbol: ALVGO).

VOGO’s Board of Directors  set the offer price at €11 per share, in the indicative price range between €10.01 and €12.63.

Furthermore, it decided to partially exercise the extension clause, enabling VOGO to raise €12.3 million, which may be increased by up to €14.2 million if the overallotment option is fully exercised.

Total demand came to 1,321,650 shares, including 94% under the global placement (mainly intended for institutional investors) and 6% under the open price offer (mainly intended for individual investors), such that the offering was 1.3 times oversubscribed.

 

  • Settlement/delivery scheduled for 29 November 2018
  • Trading to begin on the Euronext Growth® in Paris on 30 November 2018

 

Learn more? Consult the  press area here to read the press release.

 

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