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Linux-Mandrake Community Newsletter - Special IPO Results

Jul 31, 2001, 00:30 (4 Talkback[s])
From: Mandrake Team 
Subject: Linux-Mandrake Community Newsletter - special IPO (2) 
Date: Tue, 31 Jul 2001 00:33:10 +0200 (CEST)

Mandrakesoft is now listed on the stock exchange!

[Spanish readers: as we are close to the end of the IPO, we 
apologize not to have the time to offer you a version of this flash in your 
language]


MandrakeSoft is pleased to announce that the company is now listed on the 
Euronext Marché Libre. As a result of the successful Initial Public Offering, 
a total of 688.480 shares were sold at 6.2 Euros each. This results in an 
increase in capital of approximately 4.3 million Euros and represents 20.28% 
of the company's capital after issue. 

It's a big step in MandrakeSoft development and its future.

The stock will be publicly traded on Friday, August 3rd. 

We would like to thank everyone who helped make the IPO a success. Now 
everyone can trade Mandrakesoft shares!


There are several rules to know before buying or selling shares:

What is the Marché Libre ?
--------------------------

The Marché Libre is a non-regulated European stock market. It is a small 
market with less investors & transactions than the larger markets such as 
Nasdaq. There is one price determination each day at 3 PM which sets the 
market price. The price cannot change more than 10% each day.


How should I trade Mandrakesoft shares?
-----------------------------------

MandrakeSoft has been assigned the Euroclear-Paris code "4477". When trading 
on the Marché Libre you should always provide a "limit price" when selling or 
buying shares. Because there may not be many transactions, if you don't 
provide a price limit you run the risk of buying very high or selling very 
low. NEVER conduct a transaction without a limit!

A PDF file which describes the market is available from Euronext:
http://www.mandrakesoft.com/toprint/notemarchlib.pdf


How can I buy Mandrakesoft shares?
----------------------------------

Ask your usual broker if they accept orders for Euronext with the Euroclear 
Paris code 4477.

For more information, please see MandrakeSoft's IPO pages at:
http://www.mandrakesoft.com/company/investors/ipo

If you've purchased MandrakeSoft shares, please share your experience with 
the broker and price per share on MandrakeForum:
http://www.mandrakeforum.com/article.php?sid=1128&mode=thread

Also, accounts can be opened with the online broker "StartFinance" following 
the same procedure as for the IPO:
http://www.startfinance.com/goandtrade/invest/

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