Ming Le Sports AG, a rapidly growing branded sportswear company in China, plans the initial listing of the shares in the Prime Standard of the Frankfurt Stock Exchange for July 6, 2012.
In the context of a public offering in Germany and Poland, the company offers up to 1.44 million shares. Of this amount, 1.25 million shares originate from a capital increase against cash contributions from the authorised capital. In addition, the public offering includes an over-allotment option of up to 187,000 shares from the existing shareholders.
Ming Le Sports stated that it intends to use the net proceeds from the sale of new shares mainly to finance its strong growth including the construction of new footwear manufacturing facilities and the expansion of its distribution network.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.