Lepermislibre: Lepermislibre announces the launch of its IPO on the Euronext Growth® market in Paris
Gradually rolled out from 2021, a new push was launched in 2023 to make the RDVPermis available throughout France.
Lepermislibre Lepermislibre: Lepermislibre announces the launch of its IPO on the Euronext Growth® market in Paris Dissemination of a French Regulatory News, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
Press release
Lyon, 25 January 2023 Lepermislibre announces the launch of its IPO on the Euronext Growth® market in Paris
Despite this structuring to prepare for expanded market share, growth has remained steady with revenue reaching €14.8 million[9] in 2022
In the event of subscription for the Offer of only 75%, the funds raised would be allocated as follows to the categories referred to above: €3 million for the continuation of the Company's strategy of diversifying its offering and the remainder for the densification of the geographical network and the continued development of the network of partner teachers. The targets of revenue of around €45m-50m, profitability (to reach operating break-even in 2024) and gross margin above 30% would not be called into question.
Securities eligible[10] for PEA equity savings plans and “PME-ETI” equity savings plans, income tax reductions for subscribing to the share capital of SMEs, the scheme of reinvesting capital gains (Article 150-0 B ter of the French General Tax Code) and "Innovative Company" classification by Bpifrance.
A global placement primarily intended for institutional investors involving a private placement in France and an international private placement in certain countries (with the notable exceptions of the United States of America, Canada, Australia and Japan).
Prospectus approved by the AMF under no. 23-XXX on XX January 2023
[1] These mechanisms are conditional and subject to the limit of available caps. Interested parties should contact their financial advisor.
[2] Study by the Observatory of automotive service trades, Autofocus no. 97, July 2022
[3] Xerfi study “Driving schools”, September 2021
[4] Harris Interactive survey for Institut Montaigne, May 2022
[5] A retention rate of 82% since 2018: Number of active instructors (being a total of 776 instructors) / number of instructors who are or have been but are no longer active, excluding those who have been banned or blocked (being a total of 954 instructors) over a period running from 1 January 2018 to 30 August 2022.
[6] Number of lessons rated by candidates directly from the Lepermislibre platform since company creation
[7] Maximum savings found between a driving training course at Lepermislibre with theory + 20 hours driving (€799) and the same driving training in a traditional driving school (€1,155) according to a survey conducted by UFC Que Choisir in September 2016
[8] Candidates registered for the theory test and the B-class licence (car, LGV), including 165,000 financially committed candidates
[9] Non-audited data
[10] These mechanisms are conditional and subject to the limit of available caps. Interested parties should contact their financial advisor.
Regulatory filing PDF file File: Lepermislibre announces the launch of its IPO on the Euronext Growth® market in Paris |
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Language: | English |
Company: | Lepermislibre |
29 avenue Joannes Masset | |
69009 Lyon | |
France | |
Phone: | +33660423991 |
Internet: | ww.lepermislibre.fr |
ISIN: | FR001400F2Z1 |
AMF Category: | Inside information / Issuer activities (acquisitions, sales...) |
EQS News ID: | 1542761 |
End of Announcement | EQS News Service |
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1542761 25-Jan-2023 CET/CEST