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At least 25 percent of the British cult shoe brand are said to be in free float.
Classic
The British cult shoe brand Dr. Martens is considering an IPO in London. The company, which is known for its characteristic boots with rubber soles and yellow stitching, announced that the holding company Permira and other existing shareholders would sell shares.
New shares from a capital increase should not be sold. In the end, the company should come to a free float of at least 25 percent.
Permira had Dr. Martens bought in 2014 for 380 million euros, most recently sales increased by 20 to 30 percent annually. In the past fiscal year, sales were £ 672 million (around EUR 746 million).
