Practice Areas - Equity Capital Markets Law Firms and Lawyers
| Deal Date: | 24-07-2014 | Practice Area: | Equity Capital Markets |
| Deal Title: | RIB Software AG Issuance of New Shares | Industry: | Software & Computer Services |
| Description: |
Norton Rose Fulbright has advised private bank Berenberg and equinet bank on the successful capital increase of RIB Software AG by way of issuance of about 3.9 million new shares from authorised capital with exclusion of pre-emptive rights.
In total, about 5.9 million shares, including 2 million from the holdings of existing shareholders, have been placed with institutional investors in Germany, other European countries and the USA at a price of EUR12.50 per share by means of an accelerated book-building process. The total placement volume amounted to EUR74.3 million.
RIB Software AG, Stuttgart, is one of the largest software providers for technical ERP solutions (Enterprise-Resource-Planning) for the construction industry. So called ERP solutions are complex IT systems that are used by companies in terms of their resource planning.
The Norton Rose Fulbright team was led by partner Frank Peter Regelin and further comprised associate Stefan Kutscheid (both capital markets, Frankfurt), partner Thomas Vita and senior associate Kevin Connolly (both US corporate finance, London).
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| Financial Center: | Frankfurt | Value: | 0.00-100.00 |
| Advised Party: | Lead Manager | Law Firm | Norton Rose Fulbright |
| Issuer Jurisdiction - | Germany | Listing Jurisdiction - | Germany |
| Classification: |
Secondary Offerings and Placings Frankfurt Stock Exchange |
Lawyer | Frank Peter Regelin |
