Shares in ENTRADE Energiesysteme AG oversubscribed September 25, The company will not be offering any further entrade during the IPO. As the institutional investors no longer have any shares available it will only be possible to acquire these after the company's successful listing on the stock exchange. The company has 6, bearer stocks with a share of one euro each in the company's nominal capital, and these can be traded after the stock market listing. The company's prospectus was approved by Energiesysteme Financial Supervisory Authority in October As ENTRADE is the first German company to be listed on the NASDAQ OMX in Stockholm, a number of technical aspects are currently being clarified between the clearing institutions before trading in the shares can begin. Major order from Nigeria In mid-August the company received a major order from the government energiesysteme Imo State in Nigeria to set up a state-wide energy and waste management system. Energiesysteme the agreement ENTRADE will initially set up energy and recycling centres in the state capital Owerri. This part of the project is to be completed by the end offollowed by the optional construction of up to 2, further regional supply centres throughout the entire state, which lies in southern Nigeria. ENTRADE will operate these centres itself, both processing waste and selling the electricity generated. Further projects of this entrade are currently being evaluated. Worldwide ENTRADE Energiesysteme AG develops, constructs, operates and sells innovative power stations for the production of electricity, heating and cooling from unused biomass and waste materials - from small turnkey installations right across to complex industrial facilities. Founded inthe company currently employs a staff of 40 and is among the fastest-growing enterprises in Germany's energy industry. At this year's annual general assembly the shareholders present unanimously approved the actions of the management and supervisory board, and welcomed the strategic course adopted by the company. The NASDAQ OMX Nordic market, on which around listed companies are traded on seven Scandinavian and Baltic stock exchanges, is the European subsidiary of the NASDAQ US technology exchange based in New York. One entrade the advantages of the listing is the possibility of extending it to the US market in future. Energiesysteme securities identification number is ENTR For further details please see www. Entrade information is intended for investors who are entrade a position to assess and assume possible increased risks in connection energiesysteme investment in the shares of this company. The information provided here does not represent an offer of sale or an invitation to submit an offer for purchasing or subscribing to shares in the company.
Brief interview with CEO Julien Uhlig, Entrade Energiesysteme AG
Brief interview with CEO Julien Uhlig, Entrade Energiesysteme AG
I want my children to know that I support them in making good decisions so I will stand next to them, and even hold their hand if necessary, as they face the consequences of their choices.
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I want my children to know that I support them in making good decisions so I will stand next to them, and even hold their hand if necessary, as they face the consequences of their choices.