GERMANY - Vita 34 to float end of March

SHS Gesellschaft für Beteiligungsmanagement mbH, has announced it will float its portfolio company Vita 34 International AG on the Prime Standard in Frankfurt on 27 March. Concord Effekten has been appointed as lead manager and Deutsche Apotheker – und Ärztebank is further supporting the IPO. Up to 900,000 shares are available for subscription- 750,000 of which are part of a capital increase. If necessary, an additional allocation of up to 112,500 shares will be made available by the existing shareholders. The proceeds of the IPO will be used to finance further growth, expanding the company’s sales and marketing activities in particular.