ENERGISME
ENERGISME's Euronext Growth Paris IPO: a huge success despite exceptional
circumstances.
20-Jul-2020 / 07:30 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
ENERGISME's Euronext Growth Paris(R) IPO:
a huge success despite exceptional circumstances
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· The first IPO on Euronext Growth Paris(R) since the beginning of the
COVID-19 crisis
· EUR 27.57m in subscription requests, an offering oversubscribed 3.45
times of which:
EUR 23.85m in subscription requests from French and international
institutional investors
EUR 3.72m in subscription requests from individual investors
· Gross transaction amount: EUR 7.99m
· Share price: 4.65 Euros
· Start of trading on Euronext Growth(R) market: 22 July 2020
ENERGISME (ISIN code: FR0013399359/Ticker: ALNRG) is announcing today the
outstanding success of its Euronext Growth Paris(R) IPO among institutional
and individual investors.
Overall demand totalled EUR 27.57m, including EUR 23.85m for the Private
Placement (from French and international institutional investors) and
EUR 3.72m for the Fixed Price Offer (from individual investors), giving an
oversubscription rate of 3.45 times.
As part of the transaction, 1,720,430 shares will be allotted and split as
follows:
· 1,548,387 shares allotted for Private Placement, corresponding to an
amount of EUR 7.2m and 90% of shares offered;
· 172,043 shares allotted for Fixed Price Offer, corresponding to an amount
of EUR 0.8m and 10% of shares offered; A1 orders (from 1 up to 250 shares
inclusive) will be 40.69% honoured and A2 orders (over 250 shares) will not
be honoured.
ENERGISME's share capital now comprises 6,036,920 shares on the back of the
transaction, representing a valuation of EUR 28.07m on the basis of the IPO
price (4.65 euros). The company's free float[1] makes up 26.11% of its share
capital.
The settlement/delivery of the New Shares will take place on 21 July 2020.
The shares will be admitted for continuous trading on the Euronext Growth
Paris(R) market from 22 July 2020, under the ISIN code: FR0013345493 and the
ticker: ALNRG.
Thierry Chambon, Chief Executive Officer of ENERGISME, says:
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"We are thrilled with the success of ENERGISME's IPO. Thanks to the great
growth visibility offered by our SaaS development model we were able to secure
nearly EUR 7m in subscription commitments from institutional investors at the
outset the launch of the IPO. We have also benefited from our dedication to
energy performance - an issue of vital importance that concerns both companies
and the planet.
We are also delighted with the keen interest of individual investors, who
totalled EUR 3.7m of requests.
This is despite the exceptional circumstances linked to the current health
crisis. In the face of such an unprecedented situation, we have had to
demonstrate our agility and innovation, with the support of our partners. This
makes us even prouder of our success!
With the funds raised we can now scale up and offer a digital foundation for
the entire energy transition ecosystem. I am grateful to all of our staff,
customers and shareholders for making this journey possible - a journey that
has only just begun!"
About ENERGISME
***************
Founded in 2004 and taken over in 2015 by energy sector specialists, ENERGISME
has developed a SaaS technology platform to accelerate companies' and
buildings' energy performance (energy service providers, energy suppliers and
distributors, manufacturers and property managers) by using intelligent data
to achieve financial, operational and environmental gains that are substantial
and, above all, measurable. Bolstered by its platform's technological and
operational attributes and thanks to EUR 18.5m in investments, ENERGISME
already has 114 large account clients. A white-label solution is also being
marketed to blue-chip industry players.
For more information: https://investir.energisme.fr/ [1]
Contacts
********
ENERGISME Press Relations Investor Relations
Thierry Chambon Jennifer Julia Victoire Demeestère
investisseurs@energisme.com jjullia@actifin.fr vdemeestere@actifin.fr
Tel. +33 (1) 81 89 33 90 Tel. +33 (1) 56 88 Tel. +33 (1) 83 62 80
11 19 44
Presentation of the stakeholders
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Lead Managers Operation advisor and Communications agency
and Bookrunner Listing Sponsor
Eligibility of the offering for the SME personal equity plan (PEA-PME) and BPI
Innovative Company qualification
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*********************************
ENERGISME is announcing that it respects the eligibility criteria for SME-ISE
personal equity plans under French law. As a result, ENERGISME shares can be
fully integrated into personal equity plans (PEAs) and PEA-PME accounts, which
enjoy the same tax benefits as a traditional PEA*.
ENERGISME also qualifies as a BPI Entreprise innovante* (innovative company).
*These schemes under French law are conditional and within any applicable
ceilings available. Interested parties should contact their financial advisor.
PRINCIPALES CARACT??RISTIQUES DE L'OFFRE
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CHARACTERISTICS OF THE SHARES
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Name: ENERGISME
Ticker: ALNRG
ISIN: FR0013399359
Market quoted on: Euronext Growth Paris
ICB Classification: 10101015 - Software
LEI: 9695004RP20YYZYY7E41
OFFERING PRICE
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The price of the Fixed Price Offer and the Private Placement is set at 4.65
euros per share.
SIZE OF AND ALLOTMENT OF THE OFFER
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1,720,430 New Shares were issued as part of the Offer. Gross total proceeds
stand at approximately EUR 7.99m.
· 1,548,387 shares allotted under the Private Placement (representing
approximately EUR 7.2m and 90% of the total number of Shares Offered);
· 172,043 shares allotted under the Fixed Price Offer (representing
approximately EUR 0.8m and 10% of the total number of Shares Offered); A1
orders (from 1 up to 250 shares inclusive) will be 40.69% honoured and A2
orders (over 250 shares) will not be honoured.
USE OF FUNDS
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The net proceeds of the funds raised from the issue of New Shares (EUR 8m
based on the Offering Price) will enable ENERGISME to finance growth (WCR)
(25% of funds raised) and increase its sales force, especially for
international development (75% of funds raised).
Although no targets have been identified as yet, ENERGISME is monitoring its
market for potential external growth opportunities and reserves the right,
should an acquisition opportunity arise, to reallocate some of the funds
detailed above by reducing the amount allocated to increasing the sales force.
NEXT STEPS IN THE TRANSACTION
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21/07/2020 Settlement-delivery of the FPO and the Private
Placement
22/07/2020 Trading in the company's shares begins on Euronext
Growth.
POST-TRANSACTION BREAKDOWN OF SHARE OWNERSHIP
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Following the IPO, ENERGISME's share capital breaks down as follows:
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SHAREHOLDERS Number of % of Number of % of
shares capital voting voting
rights rights
Mr Thierry 262,780 4.35% 496,080 5.56%
CHAMBON and
family*
Mr Alexis TRAN 170,840 2.83% 336,380 3.77%
and family**
Mr Pierre 302,040 5.00% 604,080 6.77%
VIDAL***
Mr Ingmar 510,120 8.45% 983,510 11.02%
WILHELM ****
Mr Wissam 488,860 8.10% 942,050 10.56%
ANASTAS
Mr Ramez NASSER 523,685 8.67% 997,075 11.17%
Mr Thierry 6,700 0.11% 11,900 0.13%
BRAINE-BONNAIRE
Subtotal 2,265,025 37.52% 4,371,075 48.98%
Corporate
Officers and
employees
Other historical 2,195,551 36.37% 2,977,621 33.36%
shareholders
(individuals or
legal entities)
Free float 1 576 344 26,11% 1 576 344 17,66%
TOTAL 6,036,920 100.00% 8,925,040 100.00%
* Thierry Chambon and family directly and indirectly
through his holding Chambon Investissements
** Alexis Tran and family directly and indirectly through
his holding SMART KAPITAL
*** Pierre Vidal directly and indirectly through his
holdings PV INVEST et TYP INVEST
**** Ingmar Wilhelm directly and indirectly through his
holding E-Horizons
COMPANY'S LOCK-UP AGREEMENT AND
SHAREHOLDERS' HOLDING AGREEMENTS
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Company's lock-up agreement: 180 days, notwithstanding certain exceptions
detailed in the Information Document.
Managers' holding agreements: Thierry Chambon, Chief Executive Officer, Pierre
Vidal, Deputy Chief Executive Officer, and Alexis Tran, Innovation and
Technical Director, who respectively own, directly and indirectly, 6.09%,
7.00% and 3.96% of the Company's shares as of the date of this Information
Document, signed a commitment on 2 July 2020 to hold, subject to certain
exceptions:
· 100% of the shares they owned on the date they signed the commitment for a
period of 360 calendar days starting on the settlement-delivery date of the
Offering;
· 80% of the shares they owned on the date they signed the commitment for a
period of 540 calendar days starting on the settlement-delivery date of the
Offering.
OBTAINING THE INFORMATION DOCUMENT
**********************************
Copies of the Information Document filed with Euronext on 3 July 2020 are
available free of charge upon request from the head office of ENERGISME (88
Avenue du General Leclerc - 92100 BOULOGNE-BILLANCOURT). An electronic copy
can be obtained from the Euronext website (www.euronext.com [2]) or the
Company's website (https://investir.energisme.fr [3]).
DISCLAIMER
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This press release contains indications on the Company's outlook and focuses
of development. These indications are sometimes identified by the use of the
future or conditional tense, or terms of a forward-looking nature such as
"think", "aim", "expect", "intend", "estimate", "target", "believe", "wish",
"could", "should" or "may", or where applicable the negative form of these
terms, or any other variant or similar terminology. This information is not
historic data and may not be interpreted as a guarantee that the events and
data referred to will occur. This information is based on data, assumptions
and estimates considered as reasonable by the Company. It is subject to change
or modification due to uncertainties associated in particular with the
economic, financial, competitive and regulatory environment. This information
contains data pertaining to the Company's intentions, estimates and targets
concerning in particular the markets on which it operates, its strategy,
growth, results, financial position and cash position. The forward-looking
information provided in this press release is provided as of the date of the
press release. The company makes no commitment to publicly update the
forward-looking information in this press release, unless required to do so by
applicable legal or regulatory obligations. The Company operates in a
constantly changing and competitive environment. Accordingly, it cannot
anticipate all the risks, uncertainties and other factors liable to affect its
business, their potential impact on its business, or to what extent the
occurrence of a risk or combination of risks may have materially different
results than those referred to in any forward-looking information, bearing in
mind that none of this forward-looking information constitutes a guarantee of
actual results.
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[1] Excluding historical shareholders (individuals or legal entities)
Regulatory filing PDF file
File: Energisme: result IPO [4]
1096801 20-Jul-2020 CET/CEST
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(END) Dow Jones Newswires
July 20, 2020 01:30 ET (05:30 GMT)
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