BRUSSELS, February 25, 2010 /PRNewswire-FirstCall/ --
- Rentabiliweb's Operation Rises to More Than EUR 22 Million, Thus Illustrating the Success of the Offering and Strong Demand Since its Market Transfer.
As part of the offering linked to its changeover to the Euronext market, and in light of the operation's success, Rentabiliweb is announcing that it will fully exercise its over-allotment option (greenshoe). This will result in the issuing of 407,383 additional new shares at the offering price, EUR 7.05 per share.
The decision to exercise the option was made by Kepler Capital Markets, lead manager and sole bookrunner, along with Arkeon, joint lead manager of the operation. The exercising of this option, 9 trading days after initial listing, confirms the market's strong demand and enthusiasm for Rentabiliweb shares. Payment of the new shares was made on 25 February 2010.
As a result, a total of 1,386,105 shares have been made available to the market as part of the capital increase. This brings the Group's total number of shares to 17,164,721 and scales the operation at more than EUR 22 million, including transfers of securities.
Following the exercise of the over-allotment option, Jean-Baptiste Descroix-Vernier, directly and indirectly via Saint Georges Finances SA, remains the Group's majority shareholder, with 50.5% of the capital. The free-float now stands at nearly 31%, thus meeting the target initially set by the Group.
The stabilizing agent, Kepler Capital Markets, indicated that it did not need to perform any stabilization operations during the stabilization period, which began 15 February 2010 and ended today.
http://www.rentabiliweb.org/actualites/?p=1766
This press release does not constitute an offer to sell, a proposal to purchase securities, a registration statement or a prospectus with a view to offering Rentabiliweb Group SA securities. Investors may not accept any offer, nor acquire any security to be issued mentioned in this press release. The securities described herein have not been and will not be registered under the US Securities Act of 1933 as amended, and cannot be offered for sale or sold in the United States. All persons reading this press release shall take the necessary care to be informed and comply with these restrictions.
About Rentabiliweb
Founded in 2002, Rentabiliweb is a major player in digital audience monetization.
The Rentabiliweb Group offers Internet professionals and webmasters the largest platform of website traffic monetization services, primarily payment and micropayment solutions. It also runs affiliate programs, offers online advertising space brokerage services and provides renowned expertise in loyalty and Direct Marketing solutions.
Rentabiliweb is also one of the premier French-language publishers, with a bouquet of services spanning the full range of mass-market entertainment, from community services, family games and services for the general public to recommendations for Internet users, personal ads, dating services and more.
In 2009, Rentabiliweb's sales topped EUR 65 million. The Group is expected to generate continued growth in its annual EBITDA margin (EBITDA / Sales) for 2009 (consolidated figures).
For more information, visit: http://www.rentabiliweb.org Corporate Communications IMAGE SEPT Anne Auchatraire Grégoire Lucas +32-01-53-70-74-70 [email protected] [email protected] Financial - Investor Communications CALYPTUS Mathieu Calleux +32-01-53-65-37-91 [email protected]
SOURCE Rentabiliweb
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