Business
Announcement of Offer Price
Announcement of Offer Price.
About this update from Cmc Markets Plc
[{"type":"text","content":"\n \nRNS Number : 1622O CMC Markets PLC 05 February 2016 \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT \nThis announcement is an advertisement for the purposes of the Prospectus Rules of the UK Financial Conduct Authority (\"FCA\") and not a prospectus and not an offer of securities for sale in any jurisdiction, including in or into or from the United States, Australia, Canada or Japan. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with any offer or commitment whatsoever in any jurisdiction. Investors should not purchase or subscribe for any shares referred to in this announcement except on the basis of information in the prospectus (the \"Prospectus\") published on 26 January 2016 by CMC Markets plc (\"CMC\" or the \"Group\"), as supplemented by the pricing statement (the \"Pricing Statement\") published by CMC on 5 February 2016, in connection with the proposed admission of its ordinary shares to the premium listing segment of the Official List of the FCA and to trading on the main market for listed securities of London Stock Exchange plc (\"Admission\"). Copies of the Prospectus and Pricing Statement are available for inspection at CMC Markets plc's registered office at 133 Houndsditch, London EC3A 7BX and on www.cmcmarkets.com/group/ipo, subject to applicable securities' laws. \n\n5 February 2016\nCMC Markets plc\nAnnouncement of Offer Price\nFollowing the announcement by CMC Markets plc (the \"Company\" and, together with its subsidiaries, \"CMC\" or the \"Group\") on 26 January 2016 of the price range for the initial public offering of its ordinary shares (the \"Offer\" or \"IPO\"), the Group today announces the successful pricing of its IPO. \nOffer highlights\n· The Offer price has been set at 240 pence per ordinary share (the \"Offer Price\")\n· Based on the Offer Price, CMC's market capitalisation is approximately £691 million \n· The Offer comprises 90.6 million ordinary shares, representing 31% of CMC's issued share capital on Admission (prior to any exercise of the ove...