De Pardieu Brocas Maffei has advised Orège, Société Générale and Invest Securities within the initial public offering of Orège on the regulated market of NYSE-Euronext in Paris (compartment C) in their respective capacity as Lead Manager and Joint Bookrunner and Joint Bookrunner.
ORÈGE, a global player specialized in the design, development and industrialization of innovative technological solutions for the treatment of complex effluents (SOFHYS) and sludge (SLG).
The offer took the form of a Global Placement mainly for institutional investors with a private placement in France and an international private placement outside especially of the United States and an open price offer in France, mainly intended for individual investors in France.
Orège raises 20.1 million euros through the IPO. The overall demand generated as part of the offer is approximately 21.9 million euros.
The offer price of the Open Price Offer (OPO) and the Global Placement is set at 3.24 euros per share, the gross proceeds of the issuance totalled about 20.1 million euros.