EnergyVision to go public at 9.50 to 11 EUR per share
Energy company EnergyVision is going public at a price range of 9.50 to 11 EUR per share, the company announced Friday during the presentation of its IPO.
CEO Maarten Michielssens aims to raise between 49.9 million and approximately 66 million EUR through the offering, based on the midpoint of the price range outlined in the prospectus. Michielssens estimates the proceeds could reach between 50 million and 70 million EUR if the share price lands at the higher end of the range.
EnergyVision expects to be listed on or around 9 July under the ticker symbol ENRGY. The offering includes 4.75 million new shares, with the potential to increase this amount twice by 15 per cent through additional options. At least 10 per cent of the shares will be reserved for retail investors, depending on demand.
The company describes itself as an integrated energy provider, offering products such as solar panels and charging stations. Since last year, it has also operated as an energy supplier, claiming a 1 per cent market share in Belgium.
In 2023, EnergyVision reported 99.6 million EUR in revenue and an EBITDA of 26.9 million EUR. By the end of that year, the company employed 220 people.
#FlandersNewsService | © BELGA PHOTO DIRK WAEM
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