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The nominal value of each share amounts to EUR 0.20 per share. The opening share price today at approximately 12.30 hrs on Euronext Amsterdam was EUR 1.91, leading to a total market capitalisation of approximately EUR 116 million.
Mr Hagai Harel, CEO of Kardan: "Kardan provides a unique opportunity for Dutch and European investors. It is an international investment group focussed on high-growth opportunities, actively managing its investments in which it holds controlling stakes. Kardan has very successfully created value for its shareholders from $3Million in 1991 to approximately $150Million today. We are delighted with our listing on Euronext Amsterdam which will help us strengthen our expansion and maintain our growth rate."
Mr George Möller, Chief Operating Officer of Euronext: "We are happy to welcome Kardan to our stock exchange, the first listing in Amsterdam this year. Being listed on the Tel-Aviv stock exchange since 1993 and as part of the Tel-Aviv 100, Kardan already has a long standing track record as a listed company. The choice of the internationally oriented growth group Kardan to list on Euronext underlines our position as a leading European exchange, opening new horizons for such groups."
Van der Hoop Effektenbank N.V. acted as listing agent of Kardan N.V.. First Dutch Capital B.V. has acted as Corporate Finance Advisor to van der Hoop Effektenbank. Houthoff Buruma acts as legal advisory to Kardan N.V.
