The IPO consisted of a total offering of 333,340 shares, raising a total of EUR 3 million.
At the end of the first trading day, the share price rose by 0.56%, compared to the initial reference price of EUR 9.0, to close at EUR 9.05 bringing the market capitalisation of the company at EUR 11 million.
De Rouck Geomatics was created pursuant to the merger of the company De Rouck, since 1928 the Belgian market leader in cartography on paper support and on electronic carriers, with among other products and services resulting from the use of new technologies for positioning (GPS-systems, digitised cartographic databases) and the company Geomatics, since 2003 active in management systems for car fleets, systems for the positioning of individual employees, mobile phone and web applications for geo-positioning. De Rouck Geomatics positions itself in the new activities of private and professional geo-positioning, which are generating strong growth and high margins.
ICB classification of De Rouck Geomatics: 5000 –Consumer Services, 5700 –Travel & Leisure, 5750 Travel & Leisure, 5759 – Travel & Tourism
De Rouck Geomatics is traded on the NSC platform under the following codes:
Code SVM: 3842.59
Code ISIN: BE0003842599
Code stock: ALROU
