VAT Group AG (VACN) Opens At CHF 52.00

Today, the shares of VAT Group AG have been listed in accordance with the «International Reporting Standard» and are traded on SIX Swiss Exchange for the first time. 12,000,000 shares have been placed and Partners Group and Capvis have granted the syndicate banks an over-allotment option of 1,800,000 shares. The opening price on SIX Swiss Exchange was CHF 52.00. At this price, the placement volume corresponds to an amount of CHF 624 Million and a total market capitalization of CHF 1.56 Billion. With this, VAT Group AG is the largest IPO in Europe year to date.