Puig is listed on the Spanish Stock Exchanges: Advisors
Puig Brands, a global company in the premium beauty products market with a diversified presence across brands, product categories and regions, has started trading on the Barcelona, Madrid, Bilbao and Valencia Stock Exchanges (Spanish Stock Exchanges) under the ticker symbol “PUIG”. The listing follows the Initial Public Offering of 2,610 million euros. Including the over-allotment option of up to 390 million eruos, the total size of the offer is up to 3 billion euros, making it the largest IPO in Europe this year.
The Offer has been set at 24.50 euros per share, the top of the Offer Price range of EUR 22.00 – EUR 24.50 per share. The Offer was oversubscribed multiple times across the entire price range, demonstrating the strong demand from domestic and international institutional investors.
The IPO is a transformational moment in the 110-year history of a company guided by three generations of its founding family. Puig defines itself as the Home of Creativity, an ecosystem that unlocks the potential of its brands and people.
Advisors
Linklaters have advised Puig on its IPO. This deal has been led by partners Íñigo Berrícano, Pablo Medina and Luis Roth (all pictured), with support from Cristina Yanguas, Luis R. and José Alemán.
