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Analyst Philippe Lorrain
Date November 25
Rating Buy
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Analyst Christoph Blieffert
Date November 25
Rating Buy
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Analyst Timothy Lee
Date November 25
Rating Buy
Banking Institution mwb Research
Analyst Abed Jarad
Date November 25
Rating Buy
Banking Institution Keplercheuvreux
Analyst Craig Abbott
Date November 25
Rating Buy
Banking Institution Bankhaus Metzler
Analyst Alexander Neuberger
Date October 25
Rating Hold
Banking Institution Berenberg
Analyst Fraser Donlon
Date November 25
Rating Hold
Banking Institution LBBW
Analyst Stefan Maichl
Date November 25
Rating Hold
Banking Institution Morningstar
Analyst Matthew Donen
Date November 25
Rating Hold
Banking Institution ODDO BHF
Analyst Hela Zarrouk
Date November 25
Rating Hold
Banking Institution UBS
Analyst Olivier Calvet
Date November 25
Rating Hold
Banking Institution Deutsche Bank
Analyst Lars Vom-Cleff
Date November 25
Rating Hold
Banking Institution Warburg Research
Analyst Christian Cohrs
Date November 25
Rating Hold
Banking Institution RBC
Analyst Sebastian Künne
Date November 25
Rating Sell
Banking Institution Bank of America
Analyst Uma Samlin
Date November 25
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Banking Institution DZ Bank
Analyst Thorsten Reigber
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RATIONAL flotation - facts and figures.

Share volume after flotation
11,370,000 shares (incl. greenshoe)

Number of shares issued
2.5 million incl. greenshoe, 185,000 from approved capital

Dividend payout policy
RATIONAL plans to distribute dividends to the value of about 50 percent of annual surplus, starting in fiscal year 2000.

Share distribution after flotation (incl. greenshoe)
Existing shareholders 73,63 percent
Freefloat 26,37 percent

Capital stock:

  • before flotation 10,000,000 Euro
  • capital increase 1,370,000 Euro (incl. greenshoe)
  • after flotation 11,370,000 Euro (incl. greenshoe)

Consortiums:

  • Investmentbank Schroders (managers)
  • HypoVereinsbank, Co-Lead
  • Sal. Oppenheim Landesbank Baden-Württemberg

Preliminary offering circular.

Download
Preliminary offering circular