May 2018
  • Mergers & acquisitions
  • -
  • Equity capital markets

TELECOM DESIGN has developed a full range of routers for machine-to-machine communication. As of 2015, the group’s activity is divided into three divisions, TD Next, PIPLETZ and VitalBase:

  • TD Next has maintained its historical activity which consists of the development and the commercialisation of radio and camera electronic modules.
  • PIPLETZ offers security solutions dedicated to IoT (Internet of things) based on the new SIGFOX network.
  • VitalBase addresses the ageing and the home care sector and develops innovative solutions such as tools to detect a person’s fall.

TELECOM DESIGN was listed on the compartment ACCESS of Euronext Paris since 2002 under the code MLTED – FR0000184806.

ATOUT CAPITAL advised TELECOM DESIGN for the delisting of its shares from Euronext Access stock market.

This transaction took place by the mean of a voluntary share buyback offer launched by TELECOM DESIGN on the total number of shares outstanding owned by the public, offering a unit price of 8.95 € for 25 trading days, representing a premium of 132% to the closing price of the shares on the last trading day prior to the day on which the offer was announced.

As requested by TELECOM DESIGN’s main shareholders, the shares of the company previously listed on Euronext Access have been delisted following the transaction.

Can we help you?
In both public and private companies, Atout Capital is able
to provide a unique transversal expertise with a 360 degree approach.