Press release
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
Dr. Sönke Knop / Peggy Kropmanns
Eschersheimer Landstrasse 42
60322 Frankfurt, Germany
Phone: +49 (0)69 905505 51
E-mail: goldrooster@edicto.de
Disclaimer
This publication constitutes neither an offer to sell nor a solicitation to buy securities of Goldrooster AG. The shares have been offered solely by means of, and on the basis of, the published securities prospectus. The securities prospectus is available on the Company’s website (www.goldrooster.de).
This document is not an offer of securities for sale or a solicitation of an offer to buy securities in the United States. The shares of Goldrooster AG (“Shares”) have not been registered under the U.S. Securities Act of 1933, as amended (“Securities Act”) and may not be offered or sold in the United States, unless registered under the Securities Act or according to an exemption from such registration. There will not be any public offering of the Shares in the United States and the Shares will not be registered under the Securities Act.
This document is only aimed at and is only distributed to (i) individuals outside the United Kingdom, or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (“Order”) or (iii) high net worth entities, and other individuals to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (together referred to as “relevant persons”). The Shares are only available to, and any invitation, offer or agreement to subscribe, buy or otherwise acquire such securities will be engaged in only with, relevant persons. Any individual who is not a relevant person should not act or rely on this document or any of its contents.
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