Initial Public Offering
On 3 June 2013 KION Group published its Intention to Float. Since 28 June 2013, the KION GROUP AG shares have been trading in the Prime Standard segment of the Frankfurt Stock Exchange. Here you can find all available information concerning the IPO.
IPO Key Facts
|First trading day||28 June 2013|
|Subscription period||The offering period begins on 17 June 2013 and is expected to end on 26 June 2013 (at 12.00 CET for retail investors and at 14.00 CET for institutional investors).|
|Price range||€24.00 to €30.00 per share|
|Type of shares||Ordinary bearer shares with no par value (Stückaktien)|
|Offered shares||19,809,886 shares are publicly offered during the IPO (assuming full exercise of the Greenshoe option). In total, 98,900,000 shares are subject to obtain admission for trading.|
|Target issue volume||Up to approximately €535 million |
(upon placement of all shares offered and the full exercise of the Greenshoe option and assuming an offer price corresponding to the mid-point of the price range)
|Type of issue||Public offering of shares in Germany and Luxembourg plus private placements outside Germany and Luxembourg|
|Stock exchange||Frankfurt Stock Exchange|
|Market segment||Regulated Market (Prime Standard)|
|Stock exchange symbol||KGX|
|German Securities Code (WKN)||KGX888|
|Underwriting banks||Joint Global Coordinaters and Joint Bookrunners: |
Goldman Sachs International,
KKR Capital Markets Limited.
Deutsche Bank AG
Morgan Stanley Bank AG.
Société Générale Corporate and Investment Banking,
UniCredit Bank AG.