TIDMEXO

RNS Number : 7731G

Exova Group PLC

09 May 2014

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT

For immediate release

9 May 2014

Exova Group plc

Announcement of Exercise of Over-allotment Option

Exova Group plc (the "Company") today confirms that, in connection with its initial public offering of 100,000,000 ordinary shares (the "Offer"), Credit Suisse Securities (Europe) Limited, as stabilising manager, has exercised the over-allotment option granted by Exova Group BV as selling shareholder in respect of 7,576,294 ordinary shares in the Company (the "Over-allotment Shares"). The Over-allotment Shares will be sold at the offer price of 220 pence per Over-allotment Share.

Including the exercise of the over-allotment option, the total size of the Offer was 107,576,294 ordinary shares, in total representing 43% of the 250,000,000 ordinary shares of the Company currently in issue.

Enquiries

 
 Exova Group plc    +44 (0) 207 240 2486 
 

Ian El-Mokadem, Chief Executive Officer

Anne Thorburn, Chief Financial Officer

StockWell Communications

Anthony Silverman/Zoe Watt +44 (0) 207 240 2486

Important notices

This announcement is not for publication or distribution, in whole or in part, directly or indirectly, in or into the United States (including its territories and possessions, any State of the United States and the District of Columbia), Australia, Canada, Japan or any other jurisdiction were to do so would constitute a violation of the relevant laws of such jurisdiction. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, the securities referred to herein to any person in any jurisdiction, including the United States, Australia, Canada or Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful.

The securities referred to herein may not be offered or sold, directly or indirectly, in the United States unless registered under the US Securities Act of 1933, as amended (the "US Securities Act") or offered in a transaction exempt from, or no subject to, the registration requirements of the US Securities Act. The offer and sale of securities referred to herein has not been and will not be registered under the US Securities Act or under the applicable securities laws of Australia, Canada or Japan. There will be no public offer of the Shares in the United States, Australia, Canada or Japan. Subject to certain exceptions, the Shares referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUGUGAAUPCGAB

Grafico Azioni Exova (LSE:EXO)
Storico
Da Giu 2024 a Lug 2024 Clicca qui per i Grafici di Exova
Grafico Azioni Exova (LSE:EXO)
Storico
Da Lug 2023 a Lug 2024 Clicca qui per i Grafici di Exova