home24 SE: home24 announces the initial public offering of its Brazilian subsidiary Mobly
DGAP-News: home24 SE / Key word(s): IPO
04.02.2021 / 00:18
home24 announces the initial public offering of its Brazilian subsidiary Mobly
Mobly S.A. today set the issue price per offered share at BRL 21. The first day of trading is expected to be on 5 February 2021.
In case the over-allotment option will be fully exercised, a total number of 44,444,446 shares will be placed, representing an issue volume of BRL 933 million that corresponds to approximately EUR 145 million at the current exchange rate of BRL 6.45 per 1 EUR.
Mobly will generate BRL 778 million gross proceeds, while home24 is realizing gross proceeds of BRL 34 million from the sale of Mobly shares, plus up to BRL 122 million in case the over-allotment option is fully exercised.
home24 SE: home24 SE subsidiary Mobly S.A. plans to implement its IPO
13-Jan-2021 / 11:35 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Berlin - home24 SE ( home24 , the Company ) plans to list its subsidiary Mobly S.A. on the Novo Mercado of B3 (formerly the São Paulo Stock Exchange), Brazil. Today, the second filing of the Brazilian securities prospectus with the competent financial supervisory authority (Comissão de Valores Mobiliário) took place, and now the shares of Mobly S.A. are offered in a public offering from 13 January 2021 to 3 February 2021.