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Ströer Media Deutschland GmbH Ströer Allee 1 50999 Köln, Germany http://www.stroeer.de
Contact Mr Stefan Hütwohl +49 2236 9645338
Company logo of Ströer Media Deutschland GmbH
Ströer Media Deutschland GmbH

IPO of Ströer: Greenshoe option partially exercised

640,000 of 1,790,624 shares placed by overallotment covered by share capital increase from authorized capital / Gross proceeds for Ströer amount to € 12.8 million

(PresseBox) (Cologne, )
As stabilization manager for the IPO of Ströer Outof-Home Media AG ("Ströer"), Morgan Stanley partially exercised today the Greenshoe option, which was granted in the IPO, in its own name and for the account of all underwriting banks. 640,000 of the 1,790,624 available shares placed by overallotments will remain in the market. The shares required to redeem the securities loan on which the overallotment was based are to be created with an increase in share capital from authorized capital.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.