Germany's Studio Babelsberg plans to go public and begintrading on Frankfurt's Stock Exchange on April 29.
The company said it will offer 10% of a total of 15million shares. The remaining shares will be held by Carl Woebcken and co-proprietorChristoph Fisser as well as financial investors and employees.
Studio Babelsberg is also planning to issue a further 7.5million shares in a capital increase.
In total Studio Babelsberg is seeking to raise betweenEuros 15m and Euros 22m from the IPO and the capital increase.
According to Woebcken, Studio Babelsberg's turnover for2005 will reach Euros 45m with a loss of around Euros 2.5m, but next yearshould see the production facility reach break-even with its turnover set toincrease to Euros 60m.
The studios outside of Berlin are currently hosting theshoot of Silver Pictures and Warner Bros. Pictures production of the Alan Moorecomic adaptation V For Vendetta by James McTeigue.