The famous brand of diaries and notebooks plans to be listed on the stock exchange on April 3. It has put 106,36 million shares on the market, 90% of which are reserved for institutional investors. Three days after the start of the placement, the entire book was covered. A huge success for Moleskine: sold out, well in advance of the conclusion of the IPO (next Wednesday).
No indication yet on the hedge price of the book. The indicative range had been set at 2-2,65 euros per share, implying a valuation of the company before the capital increase between 400 and 530 million euros. According to financial sources, the hedge price of the book would be "in the high end of the range" of the indicative range.
