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June 02, 2006
Float Raises €10M For Mobile Marketer YOC
YOC's share price climbed slightly on its first day of trading on the Frankfurt Stock Exchange. Its IPO share price gave it a €33.3M valuation and €10M to invest in international expansion, including opening an office in Poland and plans for small acquisitions.
The largest shareholder in the company is now founder and CEO Dirk Kraus with 25%. He has an 18 month lock up. The company, which develops advertising campaigns and content for mobilephones, employs 53 and had sales of €5.3M in its last annual figures.
Read - Börsendebüt von YOC AG geglückt
Posted on June 2, 2006 03:10 PM | Posted to Advertising | IPO | Wireless | Permalink
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