(CercleFinance.com) – Charwood Energy, a specialist in tailor-made solutions for energy recovery from biomass, announces the success of its initial public offering on the Euronext Growth® Paris market.
The Charwood Energy Board of Directors meeting today set the Offer price at €11.38 per share, which corresponds to the lower limit of the indicative Offer price range.
The total gross proceeds of the issue amounted to approximately 12.4 ME (including 8.46 ME by offsetting claims).
Following this operation, the capital of Charwood Energy is made up of 5,198,407 ordinary shares, representing a market capitalization of approximately €59.2 million, based on the unit price set at €11.38 per share.