BRUSSELS (dpa-AFX) - GOVECS AG, a manufacturer of electric scooters in Europe, announced that it expects to price its planned initial public offering at EUR 10.00 to EUR 12.00 per share. The offering comprises up to approx. 7.5 million no-par-value bearer shares and corresponds to a gross issuing volume of up to EUR 90 million.
The offering period begins on 18 September 2018 and is scheduled to end on 27 September 2018. The company plans for initial listing in Prime Standard segment of Frankfurt's Stock Exchange planned for 2 October 2018, under the German securities code or WKN A2NB12, the International Securities Identification Number or ISIN DE000A2NB122 and the ticker symbol GES.
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