Goldrooster AG
Goldrooster AG: Successful start on Frankfurt’s stock exchange
Goldrooster AG / Key word(s): IPO Goldrooster AG: Successful start on Frankfurt’s stock exchange – Initial market price of 4.10 Euro – Market capitalisation of about 85 million Euro based on initial market price Berlin, 18 May 2012 – 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 has now successfully completed its IPO on Frankfurt’s stock exchange. The initial price of the company’s shares in the Entry Standard was 4.10 Euro each. The issue price was 4.00 Euro per share. Based on its initial stock market price, Goldrooster AG’s market capitalisation comes to a total of about 85 million Euro. Within the scope of the company’s IPO, Goldrooster AG issued 720,206 new shares from a capital increase and earned 2,880,824 Euro in total. VEM Aktienbank AG acted as underwriter and lead bank. 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 |
170510 18.05.2012 |