4M Technologies Holding Opens 5,3 % Above Initial Offering Price

The shares of the information technology firm 4M Technologies Holding were traded on the SWX Swiss Exchange for the first time today. The issuance price was set Sunday evening at CHF 300.00. The opening price in SWX dealings stood 5,3 % above that level at CHF 316.00, representing a total market capitalisation for the company of CHF 230 million. According to the offering prospectus, 728,000 registered shares were being offered to the public, an amount corresponding to 52 % of both the equity capital and voting rights of the company. To enable coverage of any over-subscription to the offering, the underwriting syndicate has been granted an over-allotment option on up to 112,000 additional registered shares. Should the over-allotment option be exercised in full, the proportionate amount of equity capital in public hands as well as the associated voting rights would rise to 60 %. 4M Technologies, qui occupe une position de leader sur ce marché, fournit des 4M Technologies is a leading supplier to the information technology market, providing equipment and services in the area of pre-recorded, unrecorded and recordable optical data storage media in CD and DVD formats. Beyond their core product line, the company also provides processing solutions such as matrices for unrecorded data storage media, technical studies and designs for turnkey production plants, know-how in the area of manufacturing processes, as well as related services. The company maintains production facilities in Yverdon-les-Bains and Aschaffenburg.