3,885,000 shares of the company Air Energy were admitted on Alternext in Brussels, on which it now is the 5th company to be listed.
The IPO consisted of a total offering of 1,050,000 shares, raising a total of EUR 15 million. Subscriptions to the offer were closed early as the placement was oversubscribed 5 times.
On this first trading day, the share was traded at EUR 16.50, a 16.2% rise compared to the initial reference price of EUR 14.2, bringing the market capitalisation of the company at EUR 64.1 million.
Created in 2001, Air Energy is an independent company specialized in power generation from renewable sources, and more particularly wind energy.
Air Energy is traded on the NSC platform under the following codes:
Code SVM: 3865.82
Code ISIN: BE0003865822
Code stock: AIR -- www.euronext.com
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