“As a company, we are humbled by the great investor interest in the listing during the IPO process. We are absolutely delighted that the listing is now a reality, and that everyone can buy the SameSystem shares on Nasdaq First North in Copenhagen and become a part of the future development of SameSystem. The proceeds will ensure that we can continue our journey with local representation in even more countries, while at the same time strengthening our existing country organization,” says CEO of SameSystem Henrik Salicath, in a comment on the successful listing.
During the offering period, there had been a great deal of interest in subscribing for shares in the company and all those who had subscribed for less than 3,164 shares were not allotted any. Those who had subscribed for 3164 shares, or more were allotted 25.79 percent of the desired number. When the company went public, SameSystem had 1158 new shareholders.
With headquarters in Denmark, SameSystem has already established offices in the United Kingdom, Spain, France, Germany, Norway, the Netherlands, Sweden, Lithuania and Egypt. The company has 119 employees, half of whom work in the development department. The solution is used today by more than 800 retail stores and by over 141,000 daily users. The company’s customer satisfaction is 99.3 percent and the so-called churn rate or customer dropout is only 3.1 percent.
SameSystem is a Workforce Management Solution that handles planning and administration in Retail and Hospitality businesses. The solution focuses entirely on what matters in Retail and Hospitality: Boosting growth, reducing expenses, saving time and keeping your staff motivated.
SameSystem is a Danish Public Limited Company (PLC) with headquarters in Copenhagen, and offices in Oslo · Barcelona · Hamburg · Vilnius
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