G K Software IPO Germany GK Software IPO

A new IPO from Germany is set to hit the stock markets. It belongs to the Retail software maker GK Software AG.

How many shares will be sold through the GK Software IPO?
A total of 475000 shares will be sold through the GK Software German IPO.

What is the size of the G K Software IPO from Germany?
The GK Software IPO expects to raise around 10.9 million Euros through the GK Software IPO.
If all shares on offer are sold, the free float would be 27.5 percent

What is the price range of the GK Software IPO shares?
The GK Software IPO shares are priced in the price band of 21.00 euros and 23.00 euros per share. The final price will be decided through a hundred percent book building process.

When will the GK Software IPO open for subscription?
The opening dates for the GK Software IPO are June 13, 2008 to June 18, 2008.
The shares are expected to start trading on the Frankfurt Stock Exchange on June 19

It aims to use the IPO proceeds for further growth. Earlier this week, GK Software and IPO lead manager and sole bookrunner ICF Kursmakler AG Wertpapierhandelsbank postponed the stock exchage listing initially planned for June 11. GK Software had intended to sell up to 694,000 shares, of which 485,000 new stock.

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