DATRON AG (ISIN: DE000A0V9LA7) joined the Entry Standard of the Frankfurt Stock Exchange on 13 April. The IPO comprised a total of 1,012.500 no-par value ordinary bearer shares. The issue price was €12.50 and the initial listing price €12.50.
Baader Bank is the lead manager, designated sponsor and lead broker.
“The Entry Standard makes it easier for SMEs to access the capital market; thus it offers an alternative to an IPO in the EU-regulated General Standard and Prime Standard,” said Frank Gerstenschläger, member of the Executive Board of Deutsche Börse AG and responsible for the Xetra business area. “We are pleased that DATRON has opted for the Entry Standard.”
“We will continue with DATRON’s success story and accelerate our growth rate with the funds generated by the IPO,” said Dr. Arne Brüsch, CEO of DATRON AG. “We have excellent prospects due to our newly developed generation of machines as well as our successful entry into the dental technology segment.”
DATRON offers products and services for production and automation.
New entrants to the Frankfurt Stock Exchange in 2011 per segment: Prime Standard 5, General Standard 3, Entry Standard 7, Open Market 74.