Medacta Group SA prices its IPO at CHF 96 per share Donnerstag, 04. April 2019 - 07:18

Medacta Group SA, a high-growth, pure play orthopaedics company, today announces the successful pricing of the Initial Public Offering (IPO) at CHF 96 per share.

- Medacta prices its shares at CHF 96 per share, implying an offer size of CHF 547 million for the base offering and a market capitalization of CHF 1.92 billion

- Members of the Siccardi family offered 5,700,000 existing shares in the base offering

- The Joint Global Coordinators have been granted an over-allotment option of up to 855,000 existing shares, equivalent to up to 15% of the base offer size

- The shares of Medacta will start trading today on SIX Swiss Exchange (ticker symbol: MOVE) with settlement of the IPO expected to occur on 8 April 2019

- The free float of Medacta amounts to 28.5% before exercise of the over-allotment option and 32.8% if the over-allotment option is exercised in full