Ferratum: Full exercise of IPO Greenshoe option
(Thomson Reuters ONE) -
Ferratum Oyj /
Ferratum: Full exercise of IPO Greenshoe option
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Helsinki/Berlin, 17 February 2015 - Within the IPO of Ferratum Oyj (ISIN:
FI4000106299, WKN: A1W9NS; together with its consolidated subsidiaries hereafter
"Ferratum Group" or "Ferratum"), an international provider of mobile consumer
loans headquartered in Helsinki, ICF BANK AG - Sole Global Arranger and Sole
Bookrunner - fully exercised the Greenshoe option at an early stage.
Based on the Greenshoe option further 850,068 shares that were previously held
by the two largest existing shareholders of Ferratum Oyj were placed with
private and institutional investors. As a consequence of the full exercise of
the Greenshoe option on 16 February 2015 the number of shares placed in the IPO
of Ferratum Oyj amounts to a total of 6,517,188 shares. The free float amounts
to 30.00%.
Jorma Jokela, founder and CEO of Ferratum Group, comments: "We are very pleased
that the exercising of the Greenshoe option was fully realised at such an early
stage. This underlines the considerable interest of the capital market in
Ferratum' s shares. Therefore, we have reached our objectives of ensuring a
broadly diversified shareholder structure - an important precondition for a
liquid trading in our share."
About Ferratum Group:
The Finnish Ferratum Group, a pioneer for mobile micro credits in Europe, offers
short-term consumer loans. Ferratum's customers can utilize digital media to
apply for consumer credit in amounts varying between EUR 25 and EUR 2,000.
Managed by its founder Jorma Jokela, Ferratum has expanded rapidly since it was
founded in 2005: Ferratum has 1.0 million active and former customers who have
been granted one or more loans in the past and 2.8 million total user accounts
in its database (as of 31 December 2014). In the fiscal year 2013 revenues
amounted to EUR 58.2 million with an EBIT margin of 12.6%. Ferratum is
represented in 20 markets (including Canada) and employs more than 350 people.
Contact:
Ferratum Group
Dr. Clemens Krause, CFO
T: +49 30 88715308
F: +49 30 88715309
M: clemens.krause(at)ferratum.com
cometis AG
Henryk Deter | Mariana Kuhn
T: +49 611 20 58 55-61
F: +49 611 20 58 55-66
M: kuhn(at)cometis.de
Disclaimer
This Corporate News is not a prospectus pursuant to the applicable capital
market rules in Finland or Germany. Any investment decision must be made solely
on the basis of the information contained in the prospectus as approved by the
Finnish Financial Supervisory Authority and duly published. A prospectus
pursuant to Finnish securities laws has been approved by the Finnish Financial
Supervisory Authority and duly published and is available at
https://www.ferratumgroup.com/, and can be obtained free of charge during normal
business hours at the Company's offices in Germany. The prospectus is the only
binding offering document in connection with the offering of the Company' s
securities. The Corporate News contained herein is not binding.
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ferratum Oyj via GlobeNewswire
[HUG#1894979]
Unternehmensinformation / Kurzprofil:
Datum: 17.02.2015 - 08:29 Uhr
Sprache: Deutsch
News-ID 371887
Anzahl Zeichen: 4025
contact information:
Town:
Helsinki
Kategorie:
Business News
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"Ferratum: Full exercise of IPO Greenshoe option"
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