IPO Pricing and Offering Details
SMAG Mobile Antenna Masts AG announced that the final offer price for its initial public offering is €46 per share. The company placed a total of 2,817,500 shares in the offering. The placement consists of 650,000 newly issued shares arising from a cash capital increase, 1,800,000 existing shares contributed by SMAG Group GmbH, and 367,500 existing shares allocated through the over‑allotment (greenshoe) option.
Assuming full exercise of the greenshoe, the total placement volume amounts to €129.6 million. At the €46 per share price, SMAG Mobile Antenna Masts AG’s market capitalization is estimated at approximately €259.9 million.
Trading Schedule and Listing Information
The shares are scheduled to commence trading on the Scale segment of the Open Market of the Frankfurt Stock Exchange on or around 13 July 2026. They will be listed under the ticker symbol “1SMA” with ISIN/WKN DE000A42FR12/A42FR1. Book‑entry delivery of the offer shares against payment is expected on or around 14 July 2026.
Underwriters and Allocation
Cantor served as the sole global coordinator and sole bookrunner for the offering. Retail investors who placed orders through DirectPlace received an allocation of 2,338 offer shares. All retail orders were allocated in full, while orders for fewer than five shares were not filled.