Led by Frankfurt partner Michael Schlitt, international law firm Hogan Lovells has advised COMMERZBANK AG as Sole Global Coordinator and Sole Bookrunner in the placement of 2,445,050 new shares of INDUS Holding Aktiengesellschaft, a leading specialist in the field of sustainable investment and development in the German-speaking SME sector.
All new shares were placed with institutional investors by way of an accelerated bookbuilding process. The gross proceeds of the issuance amounted to EUR 85m.
The new shares were admitted to trading on the Regulated Market of the Frankfurt Stock Exchange on March 30, 2021 with simultaneous admission to the sub-segment of the regulated market with additional admission requirements (Prime Standard).
