Icape Group up for its first steps on the stock market


The operation took the form of an offer at a firm price of 16.95 euros.

Icape Group up for its first steps on the stock market

Icape Group up for its first steps on the stock market | Photo credits: Icape Holding

In a depressed Parisian market, Icape Group, which is taking its first steps on the stock market, is well oriented. The title of this company, which is one of the main distributors of printed circuits, gained 2%, to 17.28 euros, Monday afternoon, against an introductory price of 16.95 euros. With the 17 million euros raised – the amount is likely to be increased to 17.58 million in the event of full exercise of the over-allotment clause -, Icape Group intends to continue its organic growth and, above all, to set foot on the acquisition accelerator. It is already in advanced discussions with 10 international targets for a potential turnover of 73.5 million.

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