EQS-News: SMG Holding takes European lifestyle group Sircle Hospitality Group public - Listing planned for the second quarter of 2024
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Luxembourg/Amsterdam, February 16, 2024 – SMG Holding, an IPO sponsor and investor focused on the European medium-sized business sector, announces the listing of Sircle Hospitality Group, a European lifestyle hospitality group ("Sircle Hospitality Group").
Issuer: SMG Holding S.à.r.l. / Key word(s): IPO/Merger SMG Holding takes European lifestyle group Sircle Hospitality Group public - Listing planned for the second quarter of 2024 16.02.2024 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. SMG Holding takes European lifestyle group Sircle Hospitality Group public - Listing planned for the second quarter of 2024
Luxembourg/Amsterdam, February 16, 2024 – SMG Holding, an IPO sponsor and investor focused on the European medium-sized business sector, announces the listing of Sircle Hospitality Group, a European lifestyle hospitality group ("Sircle Hospitality Group"). Following the listing, the company has an expected market capitalization of around EUR 250 million with a total value of the hotel real estate portfolio of over EUR 400 million. Sircle Hospitality Group intends to use the funds for growth investments and the expansion of the hotel portfolio. The listing of Sircle Hospitality Group on the regulated market of the Frankfurt Stock Exchange (General Standard) is planned for the second quarter of 2024.
Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | SMG Holding S.à.r.l. |
9, rue de Bitbourg | |
1273 Luxembourg | |
Luxemburg | |
EQS News ID: | 1834691 |
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