Alternext company placed 519,800 shares to raise a total of €5.98 million. The global placement reserved to institutions was oversubscribed twice and the open-price offering for individual investors was oversubscribed 9 times.
On the basis of the reference price of €11.50, the market capitalization of i2S stands at €20.25 million.
Jean-Pierre Gérault, Chairman of the i2S Management Board, commented: “We are delighted with the successful listing of i2S on Alternext, which will enable us to step up our development, particularly on international markets.”
i2S is the 36th company listed on Alternext in 2007. Altogether 110 companies have joined the market this year, raising over €1.3 billion1 and representing an additional market capitalization of more than €5 billion.
Founded in 1979 by Alain Ricros and Jean-Louis Blouin, both trained as engineers, i2S (for “Innovative Imaging Solutions”) operates internationally and is an acknowledged benchmark in digital vision, optronics and high value-added image processing. -- www.euronext.com
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