(CercleFinance.com) – Lepermislibre, presented as a ‘pioneer of online driving school in France’, announces the launch of its IPO on the Euronext Growth Paris market.
The company ensures ‘reinventing driving license training’ by addressing in particular the ‘digital native’ generation which has grown up with the development of digital
Lepermislibre indicates that it federates a community of 900 driving instructors, all state-certified. According to the company, the candidates are attracted by ‘the great flexibility of the training with an unprecedented freedom of consumption of driving hours, 7 days a week, from 6 a.m. to 11 p.m., from more than 500 cities in France’.
‘These benefits, combined with a price 30% cheaper than in a traditional driving school, have already attracted more than 360,000 candidates registered on the platform since its creation to take training in the highway code and driving’, specifies Lepermislibre.
Over the past three years, the company’s activity has been multiplied by 7 exclusively organically, a trend confirmed for the 2021 financial year with a turnover of 12.2 ME, up + 185% compared to the previous year. ‘Previous exercice.
The IPO project aims to provide the Company with additional financial resources
The planned capital increase is approximately 8 ME and may be increased to 9.2 ME in the event of full exercise of the Extension Clause and to 10.6 ME in the event of full exercise of the Option to Over-allotment.
5.3 ME have already been secured in the form of subscription commitments, i.e. approximately 66% of the initial amount of the Offer (valid from January 25 to February 7, 2023).
The subscription price for new shares is 3.83 euros.
Lepermislibre adds that 60% of the funds raised will be allocated to the continuation of the company’s offer diversification strategy, while 40% will be devoted to the densification of the geographical coverage and the further development of the network of partner teachers.