sur Ottobock SE & Co. KGaA
Ottobock Sets IPO Share Price at EUR 66.00
Ottobock SE & Co. KGaA, a leading name in the MedTech sector, has finalized the offer price for its Initial Public Offering (IPO) at EUR 66.00 per share. This pricing decision positions the company's market capitalization at approximately EUR 4.2 billion.
The share placement involves 12,236,173 shares, comprising newly issued bearer shares and shares from existing holdings. With an offer volume totalling EUR 807,587,418.00, the procedure includes provisions for an over-allotment option.
The company aims to achieve a free float of 19.12% while existing shareholders are anticipated to retain a minimum of 80.88% of the share capital. Trading on Frankfurt's Prime Standard market is scheduled to commence on 9 October 2025.
Ottobock's CEO Oliver Jakobi regards the IPO as pivotal, emphasizing future investments in innovative and sustainable technologies.
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