Wealth Side Stories #4: Selling Shares in a Listed Company
Julia wants to sell shares of her company Teck&Go. Her private banker with his team of corporate investment bankers will help her to set up this operation...
It’s been 25 years since I founded and managed the development of Teck&Go. After its IPO 10 years ago and successful international expansion, my company holds a secure and recognized position on the market. Something I’m particularly proud of!
Simon makes fun of me, but I’m beginning to think about the future and my family’s future in particular. My company is everything to me and represents most of my wealth. My private banker has therefore advised me to diversify by selling a stake of 10%. In this way, I will be able to monetise some of my professional assets by recovering a significant amount while retaining control of my company. I have decided to take his advice. Investors have welcomed the news. This will increase Teck&Go’s share liquidity.
My private banker and his team of equity capital market experts have been very reassuring. For them, market conditions were optimal for launching an accelerated bookbuild (a quick offering within 2 days max). The investment bank team has set the operation’s dates, gathered the necessary documentation and most importantly, they fixed a satisfactory price level for me, without disadvantaging Teck&Go.They have been able to prepare for the operation by identifying investors, in complete confidentiality.
They have all been a great help and today, thanks to the partial sale of my shares, I can face the future with confidence while enjoying the fruits of my labour.
In this new #WealthSideStories series, meet Julia, Simon, Emma and Mimma in different situations impacting their heritage. Discover the solutions that BNP Paribas Wealth Management offers them in response to their problems, whether in real estate or private equity investments, expatriation or diversification.
In a world that is ever changing, ever evolving, entrepreneurs need to build their wealth strategy with a partner they trust. At BNP Paribas Wealth Management, we value your life's work. Our experts create tailored solutions by drawing on our extensive network and specific know how to help you build a bridge between your professional and personal wealth. We implement a roadmap for the development, the protection and the passing on of your corporate and personal wealth. We are here to advise you every step of the way.