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Derby Cycle AG Successfully Concludes IPO
On 4 March 2011 the joint lead managers and joint bookrunners of Derby Cycle AG's IPO, equinet Bank AG and BHF-Bank AG, fully exercised the option made available to them to acquire up to 792,175 shares at the placing price of € 12.50 for the account of all syndicate banks.
A total of 6,090,000 shares in the company were placed as a consequence, corresponding to a total placing volume of around € 76.1 million. The free float now amounts to 81.2%.