Naturhouse Health IPO

Overview:

• Naturhouse Health—a Spanish diet products retailer—has launched a €80 million IPO on the Spanish stock exchanges.   
• The offering consisted of an offer and sale of shares to qualified investors, both resident in and out of Spain, as defined under section 39 of the Royal Decree 1310/2005 , and equivalent legislation in other jurisdictions, as applicable, including, outside the United States of America, in reliance on Regulation S under the US Securities Act of 1933. 
• The offering included both a Spanish prospectus, a folleto informativo, to be used in connection with the admission to trading of the shares on the Spanish stock exchanges and an international offering memorandum to be used in connection with the offering outside Spain. 
• Banco Santander and Société Générale were the joint global coordinators of the proposed offering of ordinary shares by its current sole shareholder, Kiluva, and the subsequent admission to trading of the shares on the Barcelona, Bilbao, Madrid and Valencia Stock Exchanges through the Automated Quotation System (Sistema de Interconexión Bursátil).

Adam Majeed - Regional editor