Cologne-based DF Deutsche Forfait is planning a listing in the Prime Standard of the Frankfurt Stock Exchange on May 24. The subscription period runs from May 12-22. The price range has been set between Euro7-7.50.

A total of up to 2,070,000 company shares are being offered, of which up to 1,800,000 are derived from a capital increase and up to 270,000 bought from old shareholders for a potential greenshoe option. Based on the price range the total issue volume will amount to between €14.5mn-15.5mn (incl greenshoe option).

Funds flowing to the company will total up to €13.5mn. Following full placement of all offered shares, the free float will amount to 30%.