Latest Breaking News On - மஂட்யாந விண்வெளி - Page 4 : comparemela.com
Die visionärsten Geschäftsideen von Österreichs Schüler:innen und Studierenden
leadersnet.at - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leadersnet.at Daily Mail and Mail on Sunday newspapers.
Ready For Take-Off: Aircraft Component Maker Montana Aerospace Airs The Second IPO At SIX In 2021 Date
12/05/2021
Today, Montana Aerospace (Ticker AERO ), one of the world’s leading manufacturers of complex lightweight components for the aerospace industry, listed its shares on the Swiss Stock Exchange. The opening price was CHF 29.00 per share, resulting in a market capitalization of CHF 1.4 billion.
From left to right: Dr. Markus Nolte, CEO, Dr. Michael Pistauer, CFO, Montana Aerospace
The issued share capital of Montana Aerospace comprises of 47,153,997 registered shares with a par value of CHF 1.00 per registered share. As part of the IPO, 17,153,997 newly issued registered shares were offered. At an issue price of CHF 25.65 per registered share, the placement volume was CHF 440 million (excluding over-allotment option). In addition, Montana Tech Components, as the former sole shareholder and future majority shareholder of Montana Aerospace, offered up to 2,573,099 e
3 Min Read
ZURICH (Reuters) -Shares in aircraft components maker Montana Aerospace soared nearly 18% on its debut on the Swiss bourse on Wednesday, giving it a higher-than-expected market capitalisation of about 1.4 billion Swiss francs ($1.5 billion).
The Austrian-Swiss company, whose customers include Boeing and Airbus, saw its shares rise to 30.60 Swiss francs ($33.16) in early trading, well above a list price of 25.65 Swiss francs.
The increase added roughly 200 million francs to the company’s estimated pre-float value of 1.2 billion francs.
The initial public offering raised approximately 440 million francs which Montana said it would use to fund acquisitions and organic growth in the aero industry that has been hard hit by the coronavirus. It issued 17.1 million new shares.
By Sam Kerr
12 May 2021
Shares in Montana Aerospace, the Swiss-Austrian aerospace company, took to the skies on Wednesday morning, the company’s first day of trading on the Swiss SIX Exchange following its IPO.
As of midday UK time on Wednesday, the shares were trading at Sfr31.25, 21.8% above the IPO price of Sfr25.65.
By Thursday it had risen even higher to Sfr34.90, despite global equity market volatility driven by inflation fears.The company raised around Sfr400m ($441m) at IPO, which it intends
. Already a subscriber? Login
SMI wieder über 11 000
fuw.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fuw.ch Daily Mail and Mail on Sunday newspapers.
vimarsana © 2020. All Rights Reserved.