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RocTool Listed on the Marché Libre

  • Monday, 14th April 2008
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  • Reading time: about 2 minutes

RocTool has successfully carried out a private placement amongst qualified investors, in the form of a €3.2 million capital increase.

592,592 new shares were issued, at a price of €5.40 per share, within the framework of a capital increase associated with a listing on the Euronext Paris Marché Libre in order to:

– Launch new technologies
– Continue R&D investments and broaden the patent portfolio
– Accelerate communication, marketing and sales development efforts
– Strengthen the Company’s teams
– Set up technology Pilots in Europe, the USA and Japan.

The Company’s shares will be listed from 25th March 2008, with an offering of 1,000 shares at €5.40 each, and RocTool will trade on the Euronext Paris Marché Libre from 26th March 2008 under ISIN number FR0010523167. The share price will be defined by the fixing.

Alexandre Guichard, Chief Executive Officer of RocTool, commented: “Our listing on the Euronext Paris Marché Libre is a true cornerstone in RocTool’s history, and will enable us to pursue and accelerate our international development. It will also increase our weight in negotiations with our sector majors. Our patented technology is unique worldwide, and we fully believe in its ability to become a global benchmark in the moulding of composite materials and, in the medium term, of plastics. This is why we would like to thank our shareholders, staff and partners who have chosen to put their trust in us.”

RocTool recorded 2007 revenues of €1.03 million, and forecasts 2012 revenues of close to €10 million with net profit of €2.5 million.


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