ISIN code
Exchange / Market
Euronext Growth
Trading location
Website address
Issuer website


IPO date
Thu 08/03/2007
IPO type

Global Placement and Open Price Offer

IPO price
11.90 euros
IPO type
Initial Public offering
Operation procedure

Global Placement procedure The Global Placement is directed mainly to institutional investores. - Number of shares: 469,800 shares representing 90% of the Offer (before exercise of the extension clause) - Book runner: Invest Securities société de bourse Open Price Offer procedure The Open-Price Offer is meant for individuals, investing legal entities and FCP. - Number of shares: 52,200 shares representing 10% of the Offer (before exercise of the extension clause) If the demand permits it, the number of shares offered within the OPO will be set between 10% and 20% of the Offer. The total number of shares released in the OPO cannot be more than 20% of the Offer.

Operation description

Admission on Alternext Paris:
- 1,203,741 existing shares comprising the equity of,
- 261,000 new shares obtained from a capital increase effected as part of the introduction in the stock exchange.

522,000 shares will be offered to the public by the way of a Global Placement and an Open-Price Offer (OPO), before extension clause and over-allotment option, comprising 261,000 existing shares and 261,000 new shares.

Extension Clause: Depending on the demand, the number of shares could be raised by a maximum of 78,300 existing shares added.

Operation calendar

- Period of the Placement: from February 22, 2007 to March 7, 2007 (17:00) - Period of the OPO: from February 22, 2007 to March 7, 2007 (17:00) - First quotation: March 8, 2007 - Beginning of trading: March 14, 2007

Price range
10.64 euros - 12.36 euros