Goldrooster AG
Goldrooster AG: Initial listing in the Entry Standard on 18 May
Goldrooster AG / Key word(s): IPO Goldrooster AG: Initial listing in the Entry Standard on 18 May – 720,206 shares issued at price of 4.00 Euro – Gross issue proceeds of 2,880,824 Euro – Profitable growth to be further accelerated Berlin, 18 May 2012 – The shares of Goldrooster AG (ISIN DE000A0AYYU6), the German holding company of Goldrooster Group, an operator of an innovative sports fashion brand specialising in apparel, footwear and accessories for the Chinese market will be listed in the Entry Standard of Frankfurt’s stock exchange as of 18 May 2012. The subscription period closed according to plan on 15 May. A total of 720,206 ordinary bearer shares with no-par value generated from a capital increase were placed at an offer price of 4.00 Euro with private investors and with institutional investors within Germany and abroad. The gross issue proceeds for the company amounted to 2,880,824 Euro. Goldrooster AG plans to use the funds from the IPO to further expand its profitable growth. Goldrooster Group runs an innovative sports fashion label, specialising in apparel, footwear and accessories for the Chinese market. With the goal of delivering high quality products at attractive prices, it targets China’s young and ambitious middle class ranging in age from 18 to 35. The company has been on a profitable growth path for years. Revenues rose by around 30 percent to approximately 104 million Euro during the 2011 financial year, with the net margin amounting to 16.4 percent. Further information about Goldrooster AG can be found on www.goldrooster.de Contact: edicto GmbH Disclaimer
End of Corporate News 18.05.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | Goldrooster AG | |
c/o Salans LLP, Markgrafenstraße 33 | ||
10117 Berlin | ||
Germany | ||
Phone: | +49 (0)30 695 29 234 | |
Fax: | +86 595-85350888 | |
E-mail: | goldrooster@edicto.de | |
Internet: | www.goldrooster.de | |
ISIN: | DE000A0AYYU6 | |
WKN: | A0AYYU | |
Listed: | Open Market (Entry Standard) in Frankfurt | |
End of News | DGAP News-Service |
170494 18.05.2012 |