Ready For Take-Off: Aircraft Component Maker Montana Aerospa

Ready For Take-Off: Aircraft Component Maker Montana Aerospace Airs The Second IPO At SIX In 2021


Ready For Take-Off: Aircraft Component Maker Montana Aerospace Airs The Second IPO At SIX In 2021
Date
12/05/2021
Today, Montana Aerospace (Ticker "AERO"), one of the world’s leading manufacturers of complex lightweight components for the aerospace industry, listed its shares on the Swiss Stock Exchange. The opening price was CHF 29.00 per share, resulting in a market capitalization of CHF 1.4 billion.
From left to right: Dr. Markus Nolte, CEO, Dr. Michael Pistauer, CFO, Montana Aerospace
The issued share capital of Montana Aerospace comprises of 47,153,997 registered shares with a par value of CHF 1.00 per registered share. As part of the IPO, 17,153,997 newly issued registered shares were offered. At an issue price of CHF 25.65 per registered share, the placement volume was CHF 440 million (excluding over-allotment option). In addition, Montana Tech Components, as the former sole shareholder and future majority shareholder of Montana Aerospace, offered up to 2,573,099 existing registered shares as part of the over-allotment option. 

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