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Planisware Set to Raise up to 312 Million Euros in Euronext Paris IPO

EditorVenkatesh Jartarkar
Published 10/02/2023, 01:42 PM
© Reuters.

Planisware, the project portfolio management software provider, is gearing up for its initial public offering (IPO) on Euronext Paris. The company has announced a plan to sell 15.1 million shares priced between EUR16 and EUR18 each, with an additional 2.26 million shares available under the overallotment option. This move could potentially bring gross proceeds of up to 312 million euros, all of which will go directly to the selling shareholders.

The decision to go public is expected to significantly enhance Planisware's market visibility and provide financial flexibility for future growth opportunities. The final pricing of the shares is set to be confirmed on October 11, with trading commencing the following day, October 12.

For more detailed information regarding this IPO, interested parties are encouraged to contact Andrea Figueras. As of Monday, no further details about the IPO have been released.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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