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electrovac AG sets final offer price for its initial public offering at EUR 7.80 per share
electrovac AG sets final offer price for its initial public offering at EUR 7.80 per share
About this update from Electrovac Ag
electrovac AG / Key word(s): Capital measures / Other/Capital measures / Capital increaseelectrovac AG sets final offer price for its initial public offering at EUR 7.80 per share27-Apr-2026 / 16:36 CET/CESTDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by - a service of .The issuer is solely responsible for the content of this announcement.electrovac AG sets final offer price for its initial public offering at EUR 7.80 per shareSalzweg (Germany), 27 April 2026 – electrovac AG (“Company”), a specialist in hermetic glass-to-metal enclosures for the protection of safety- and system-critical electronics, has set the final offer price for its initial public offering at EUR 7.80 per share.A total of 4,416,000 shares in the Company were placed as part of the offer, comprising 3,840,000 new shares from a cash capital increase (the “New Shares”), and 576,000 existing shares from the holdings of Electrovac Holding AG in connection with an over-allotment option (the “Over-allotment Shares”, and together with the New Shares, the “Offered Shares”).The total placement volume amounts to EUR 34.4 million, assuming full exercise of the greenshoe option. The planned capital increase has been fully placed, thereby providing the Company with gross proceeds of approximately EUR 30.0 million for the expansion of its international production capacities. Based on the final offer price, the Company’s market capitalisation will amount to approximately EUR 125 million.If the greenshoe option is exercised in full, the Company’s free float will amount to approximately 28%. Trading in the Company’s shares on the regulated market (Prime Standard) of the Frankfurt Stock Exchange is expected to commence on 30 April 2026 under the trading symbol “EVAC” and the ISIN DE000A420ZL4. Delivery of the Offered Shares against payment of the Offer Price is expected to take place on 30 April 2026.BankM AG and B. Metzler seel. Sohn & Co. Aktiengesellschaft acted as Joint Global Coordinators in connection with the Offer.The total allocation for retail investors who placed subscription orders via DirectPlace® or the subscription tool on the Company’s website amounts to approximately 400,000 Offered Shares. Subscription orders from retail investors were allocated in full, although orders for fewer than 100 shares via DirectPlace® and fewer tha...