Identification

Listing sponsor / Agent

Banco Português de Investimento

Symbol
RAM
ISIN code
PTFRV0AE0004
Exchange / Market
Euronext
Trading location
Lisbon
Products family
Stocks
Market organization
EuronextLisbon
ICB
Iron&Steel
Activity description

F.RAMA Investimentos is a Portuguese holding company with controlling interests in two different business areas: steel and storage systems. The company transforms and sells steel, design and develop storage solutions that sell through its network of subsidiaries and distributors nationally and internationally. Ramada group has a wide range of projects in the area of storage systems in Portugal and abroad (including outside Europe as in Chile, Brazil, Uruguay, Serbia, Norway, Greenland, the Middle East, China, Korea, Singapore, Taiwan, Thailand, South Africa, USA). In 2007, Turnover was €108M and EBITDA 13.2 million €, with 223 million € of net assets and net debt of 65.7 million €.

Website address
www.ramadainvestimentos.pt
Issuer website
www.ramadainvestimentos.pt

Operation

IPO date
Tue 08/07/2008
IPO price
1 euro 
IPO type
Initial Public offering
Catégorie
IPO
Operation procedure

See prospectus

Operation description

F.RAMA Investimentos, SGPS, S.A. is the company formed by "spin-off" of Altri, SGPS. This operation was carried out with the focus of the business unit corresponding to the autonomous management of shareholdings in the steel sector and storage systems of ALTRI, SGPS, SA. Considering the factor of allocation established for "spin-off" was given to shareholders of ALTRI, SGPS, SA one F. Ramada Investimentos shares for every 4 rights detainees.