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IPO Industry Breakdown (3rd Aug 2015 to 2nd Aug 2016). Industry Number of IPOs Total Proceeds (Sbillion) Health Care 67 Financials 15.6 22 Information Technology

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IPO Industry Breakdown (3rd Aug 2015 to 2nd Aug 2016). Industry Number of IPOs Total Proceeds (Sbillion) Health Care 67 Financials 15.6 22 Information Technology 3.3 15 Consumer Staples 7.4 9 Consumer Discretionary 6.0 8 Utilities 4.5 5 Materials 2.0 3 Industrials 0.2 2 0.7 Opening day performance for recent high-value IPOs. Information Technology IPO Valuation Price (150.35 million) Health Care Materials Financials IPO Valuation Price ($120.13 million) IPO Valuation Price (545.29 million) IPO Valuation Price ($170.86 million) New York 15/04/2016 Frankhams Modus Tech-Alpha Hong Kong IPO Valuation Price (595.90 million) IPO Valuation Price (561.01 million) Bank of TU New York 02/08/2016 Tokyo New York Inter-Run Hong Kong 10/09/2015 ENRP Company name Exchange offer date Investor types (last 2 months). Company name Non Institutional Investors (NII) Retail Individual Investors (RII) Qualified Institutional Buyers (QIB) Tech-Alpha 35% 17% 48% Modus 37% 23% 40% Frankhams 40% 2% 58% ENRP 41% 6% 53% Bank of TU 32% 18% 50% Inter-Run 35% 14% 5196 Opening day performance for recent high-value IPOS. 30 25 26.74 25.00 20 18.99 17.00 15 15.26 14.00 12.00 12.32 10 9.00 9.15 6.00 6.00 5 0 Tech-Alpha Modus Frankhams ENRP Bank of TU Inter-Run TIPO Opening price per share (5) PO Closing price per share at the end of day 1 (5) Glossary: IPO - Initial Public Offering. IPOs generally mark the first sale of 'stock (shares) by a privately owned company. The company issues IPOs in order to gain a listing on the stock market. 1 billion - 1,000 million Total proceeds - the sum of the IPO valuation prices Offer date = the date of the IPO Exchange - the location of the listing venue that hosted the IPO IPO Opening price - the price per share at the launch of the IPO IPO Closing price - price per share at the end of the first day of trading post-IPO IPO valuation price = the IPO Opening price per share multiplied by the number of shares available Investor types - 3 categories of investor invited to purchase shares as part of an IPO Question 4 of 24: What proportion of the total IPO proceeds in the Health Care industry during the last 12 months came from the Modus and ENRP IPOs? Based on the data above, select the best answer from the options below. Please note there are five sources, which you can scroll through. You can click on each image to enlarge it. 7.70% 6.15% 13.85% 0.61% 1.38%

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