Tuesday , December 1 2020

IPO in sight: German family insurance makes a fresh start to the river | message



Two weeks after the company waited for the IPO with reference to the challenging capital market environment, DFV had another driving force. In a statement Thursday, Frankfurt, DFV agreed to give the opportunity to subscribe for a share with the union banks. Offers can be made between 23 and 29 November. The price was set at 12 Euro. The regulated market transaction (Prime Standard) is planned for December 4.

3.8 million will be offered new shares capital increase. The excess allocation option has 570,000 shares held by a shareholder and presented as a security loan to banks. Optionally, a large number of shares can be created once again through the capital increase of the company.

If the options are fully met, the problem volume is expected to be € 52.1 million. The money must flow completely to the company. Originally DFV had hoped for 100m euros, but the expectation was then fixed up to 79m euros. / She / jha /

FRANKFURT (dpa-AFX)

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Image resources: German Family Insurance, MaximP / Shutterstock.com, HstrongART / Shutterstock.com


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