Dialog Semiconductor is a fast-growing technology company operating at the heart of the consumer electronics sector. The Anglo-German business designs, manufactures and sells semi-conductors that extend the battery life of smart phones, tablets and other seemingly indispensable electronic gadgets.
In September 2009, the group raised €60m via an equity fund-raising at €3.65 a share. Two years later, earnings were rising, the shares were trading at more than €13 and the company began thinking about a fresh fund-raising. “The equity issue in 2009 went really well but it took a lot of management time. There was a long prospectus and we went on a three- or four-day roadshow,” says Dialog chief executive Jalal Bagherli.