Night Vision and Thermal Imaging

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Results of Venetus’ proposed placing of shares in Theon International to strengthen the free float and liquidity of the stock
Globenewswire· 2025-06-04 12:18
Core Viewpoint - Theon International Plc has successfully completed a share placement, increasing its free float to enhance liquidity and attract investor interest [2][3][4]. Group 1: Share Placement Details - Venetus Limited sold approximately 3.73 million shares, representing about 5.3% of Theon's share capital, with the placement priced at Euro 31.1 per share [2][4]. - Theon will not receive any proceeds from this placement, which was executed to improve the liquidity of its shares [3][4]. - Following the placement, Venetus and CHRE Investment Limited will hold approximately 70.0% of the company's share capital, while the free float will increase to 30.0% [4]. Group 2: Market Response and Future Outlook - The placement was oversubscribed, indicating strong interest from both existing and new investors, with demand nearly double that of a previous placement [6]. - The CEO expressed confidence that the increased free float will enhance trading liquidity and support the company's long-term growth strategy [6]. Group 3: Company Background - Theon Group specializes in developing and manufacturing advanced night vision and thermal imaging systems for defense and security applications, with a global presence [8]. - The company has over 200,000 systems in service across 71 countries, including 26 NATO member countries, and has been listed on Euronext Amsterdam since February 2024 [8].
THEON presents its Q1 2025 Trading Update
Globenewswire· 2025-04-28 16:23
THEON 's integrated fused night vision binocular ORION THEON 's integrated fused night vision binocular ORION Press Release Bloomberg (THEON:NA) / Reuters (THEON.AS) 28 April 2025 – Theon International Plc (THEON) today publishes its Q1 2025 Trading Update, achieving excellent performance and continued strong growth, in line with guidance. Financial Summary Q1 2025Q1 2024ChangeOrder intake€117.9 m€39.0 m+202.3%<td style="width:245.4px;;border-top: solid black 1pt ; b ...