Goldrooster AG said its shares will be listed in the Entry Standard of Frankfurt's stock exchange as of May 18, 2012. The subscription period closed according to plan on May 15.
The company noted that a total of 720,206 ordinary bearer shares with no-par value generated from a capital increase were placed at an offer price of 4.00 euros with private investors and with institutional investors within Germany and abroad. The gross issue proceeds for the company amounted to 2.88 million euros. Goldrooster intends to use the funds from the IPO to further expand its profitable growth.
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