eziop.blogg.se - Teamviewer 12 release

Göppingen, September 11 th, 2019 - TeamViewer AG ("TeamViewer"), a leading global connectivity platform, has today published the prospectus defining the terms and conditions for the initial public offering ("IPO") of TeamViewer and planned listing of its shares on the regulated market segment of the Frankfurt Stock Exchange (Prime Standard). First day of trading planned for September 25, 2019.

Offer period is expected to begin on September 12, 2019, and is expected to end on September 24, 2019.Price range implies a total market capitalization of between EUR 4.7 billion and EUR 5.5 billion.Free float would amount up to 42% of outstanding share capital, assuming full exercise of the Upsize Option and Greenshoe Option.Within the price range, gross proceeds between EUR 1.41 billion to EUR 2.31 billion, depending on the final number of shares placed and the issue price.The offer will consist of up to 84,000,000 existing shares from the holdings of the current owner assuming full exercise of the Upsize Option and Greenshoe Option.

TeamViewer shares to be offered within price range of EUR 23.50 to EUR 27.50 per share.

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