Today 4,080,978 ordinary shares of the company Punch Telematix were admitted on the regulated market Eurolist by Euronext Brussels.
The IPO consisted of a total offering of 1,548,076 shares (over-allotment included), raising a total of EUR 20.1 million of which EUR 17.5 million capital increase.
At the end of the first trading day, the share price closed at EUR 13.27, a 2.08% rise compared to the IPO price of EUR 13, bringing the market capitalisation of Punch Telematix at EUR 54.2 million.
Punch Telematix (www.punchtelematix.com) is a pan-European telematics service provider. It offers a complete range of total solutions for remote resource and asset management, from low-end, over mid-range to high-end telematics applications, to all segments of the market.
ICB sector of Punch Telematix: 9578 Telecommunications Equipment
Punch Telematix is traded on the NSC platform under the following codes:
Euronext Brussels:Stock Code: PTX
ISIN Code: BE0003855724
SVM Code: 3855.72