RS2 Software plc - IPO oversubscribed

RS2 Software plc announced on 11 June that its Initial Public Offering was oversubscribed and as a result subscription lists closed this morning.

The IPO consisted of a Combined Offering of 12,500,000 shares at a price of €0.80 per share. 50% of the offering was subscribed during the preplacement held on Thursday 5 June with the other 6,250,000 shares available through the General Public which opened on Monday 9 June. RS2’s shares are expected to be admitted to the Official List of the Malta Stock Exchange during the final week of June.