This press release may not be published, forwarded or distributed, directly or indirectly, in the United States, Canada, Australia, Japan or to U.S. persons.
19 April 2018. Vente-unique.com, a European specialist in online furniture sales, today announces that, as part of its initial public offering on Euronext Growth in Paris, Midcap Partners has partially exercised the over-allotment option, resulting in the placement of 365,015 additional shares at the IPO issue price, i.e. €10.70 per share, for a total amount of €3,905,660.50.
The total number of Vente-unique.com shares placed under its IPO therefore amounts to 3,431,882 shares (including 2,777,677 existing shares and 654,205 new shares) for a total placement amount of around €36.7 million.
Furthermore, pursuant to Article 631-10 of the French Financial Markets Authority General Regulation, Midcap Partners, as stabilising agent, stated that:
- it had performed stabilising bids on Vente-unique.com shares (ALVU);
- stabilisation began 4 April 2018;
- the last stabilising bid was made on 27 April 2018;
- stabilisation was carried out under the following conditions:
|Date||Lower price (in €)||Higher price (in €)|
|04 April 2018||10.30||10.46|
|05 April 2018||10.28||10.69|
|06 April 2018||10.60||10.65|
|09 April 2018||10.65||10.65|
|11 April 2018||10.65||10.65|
|12 April 2018||10.65||10.65|
|13 April 2018||10.65||10.65|
|18 April 2018||10.65||10.65|
|19 April 2018||10.65||10.65|
|20 April 2018||10.65||10.65|
|27 April 2018||10.60||10.65|
Furthermore, beginning 30 April 2018, Vente-unique.com announces that it has entrusted Louis Capital Markets with the implementation of a liquidity contract, in accordance with the AMAFI code of ethics and approved by the French Financial Markets Authority on 21 March 2011.
The liquidity contract has been entered into for a period of one year and may be tacitly renewed. The purpose of the contract is to promote and support Vente-unique.com's shares on the Euronext Growth market in Paris.
In order to implement this contract, the following resources have been allocated to the liquidity account:
- €350,000 in cash.
Read more on: bourse.vente-unique.com
Founded in 2006, Vente-unique.com (Euronext growth – ALVU) is a European specialist in online furniture sales. The company covers 10 countries (France, Germany, Austria, Belgium, Spain, Italy, Luxembourg, Netherlands, Portugal and Switzerland) and has delivered to over 1 million customers since its inception. Vente-unique.com posted 2016/17 revenues of €77 million, up 13%, and an EBITDA margin of 9.2%.
|ACTUS finance & communication|
|Jérôme Fabreguettes-Leib||Nicolas Bouchez|
|Investor Relations||Press Relations|
|+33 (0)1 53 67 36 78||+33 (0)1 53 67 36 74|
This press release and the information it contains do not constitute an offer to sell or the solicitation of an offer to buy the securities of Vente-unique.com in the United States or in any other jurisdiction.
The securities referred to herein may not be offered or sold in the United States or to US persons unless such securities are registered under the US Securities Act of 1933, as amended (“US Securities Act”), or an exemption from the registration requirements of the US Securities Act is available. Vente-unique.com shares have not been and will not be registered under the US Securities Act and Vente-unique.com does not intend to undertake a public offering of its securities in the United States.
This press release is an advertisement and does not constitute a prospectus within the meaning of Directive 2003/71/EC of the European Parliament and the Council (the “Prospectus Directive”), as amended, to the extent such Directive has been transposed in the relevant Member State of the European Economic Area.
With respect to the Member States of the European Economic Area, other than France, which have implemented the Prospectus Directive (each a “Relevant Member State”), no action has been undertaken or will be undertaken to make an offer to the public of the securities requiring a publication of a prospectus in any Relevant Member State, other than France. As a result, the new or existing shares of the Issuer may not be offered and will not be offered in any Relevant Member State, other than France, except as permitted under Article 3 of the Prospectus Directive and/or regulations applicable in the Relevant Member State.
For the purposes of this provision, an “offer to the public” in relation to the new or existing shares of the Issuer in any Relevant Member State means the communication in any form and by any means of sufficient information on the terms of the offer and the new or existing shares of the Issuer to be offered so as to enable an investor to decide to purchase the new or existing shares of the Issuer, as the same may be varied in that Member State by any measure implementing the Prospectus Directive in that Member State.
In the United Kingdom, this document does not constitute an approved prospectus for the purpose of and as defined in section 85 of the Financial Services and Markets Act 2000 (as amended) (the “FSMA”), has not been prepared in accordance with the Prospectus Rules issued by the UK Financial Conduct Authority (the “FCA”) pursuant to section 73A of the FSMA and has not been approved by or filed with the FCA or any other authority which would be a competent authority for the purposes of the Prospectus Directive. The new and existing shares in the Issuer may not be offered or sold and will not be offered or sold to the public in the United Kingdom (within the meaning of sections 85 and 102B of the FSMA) save in the circumstances where it is to be lawful to do so without an approved prospectus (within the meaning of section 85 of the FSMA) being made available to the public before the offer is made.
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