- Published: 30 January 2020 30 January 2020
Institutional investors have subscribed for 400,000 new shares in ABO Wind AG for € 17.10. The gross proceeds of the oversubscribed issue amount to more than € 6.8 million. The number of ABO Wind shares increases to 8,470,893, bringing the current market capitalisation to more than € 150 million.
The majority of the new shares were subscribed by the Quest Cleantech Fund, an equity fund managed by the Belgian investment manager Capricorn Partners. Bankhaus Scheich Wertpapierspezialist AG in Frankfurt/Main has accompanied the successful issue, which increased the free float of the ABO Wind share to 33 percent. The founding families Ahn and Bockholt, who together now hold 57 percent of the shares, and the Frankfurt energy supplier Mainova AG with ten percent were not involved in the capital increase.