Mister Spex Sets Price Range for Planned IPO
By Giulia Petroni
Mister Spex SE said Tuesday that it has set the price range for
its planned initial public offering at between 23 euros and 27
euros ($27.41-$32.18) per share, implying a market capitalization
of around EUR763 million-EUR895 million.
The Berlin-based eyewear retailer said the offering consists of
up to 15 million shares, 9.8 million of which from a capital
The aim is to raise gross proceeds between EUR225 million and
EUR264 million to accelerate the company's growth strategy and
international expansion, as well as to repay certain debts.
Mister Spex said the offer period is expected to begin on June
23 and end on June 30. The first day of trading on the Frankfurt
Stock Exchange should be on July 2.
Write to Giulia Petroni at email@example.com
(END) Dow Jones Newswires
June 22, 2021 02:59 ET (06:59 GMT)
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