Business
Capital Power announces closing of exercise of over-allotment option
Jul. 22, 2011 (Canada NewsWire Group) -- / NOT FOR DISSEMINATION TO U.S. NEWS WIRE SERVICES ...
About this update from Capital Power Corporation
[{"type":"text","content":"\n\n\n Jul. 22, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISSEMINATION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE\n UNITED STATES/\n\n\nEDMONTON, July 22, 2011 /CNW/ - Capital Power Corporation (TSX: CPX)\n ("Capital Power") announced today that it has closed the issuance of an\n additional 1,200,000 common shares at a price of $25.10 pursuant to the\n exercise of the over-allotment option granted to a syndicate of\n underwriters led by TD Securities Inc. and RBC Capital Markets. The\n closing of the exercise of the over-allotment options brings the total\n number of common shares of Capital Power purchased by the underwriters\n to 9,200,000 for total gross proceeds of approximately $231 million.\n\n\nWith the additional common shares from the exercise of the\n over-allotment option, Capital Power's total number of common shares,\n on a fully diluted basis, is 97,061,213 in which EPCOR Utilities Inc.\n has a 48.9% indirect ownership.\n\n\nThe common shares have not been registered under the U.S. Securities Act\n of 1933, as amended, and may not be offered or sold in the United\n States or to, or for the account or benefit of, U.S. persons absent\n registration or an applicable exemption from registration requirements.\n This news release does not constitute an offer to sell or the\n solicitation of an offer to buy any security, and shall not constitute\n an offer, solicitation or sale of the securities in any state in which\n such offer, solici...