Business
Results of Placing
Results of Placing.
About this update from Compass Group Plc
[{"type":"text","content":"\n \n \n RNS Number : 4029N\n Compass Group PLC\n 19 May 2020\n \n \n \n \n \n \n \n Compass Group PLC LEI: 2138008M6MH9OZ6U2T68\n \n \n \n \n \n THIS ANNOUNCEMENT, INCLUDING THE APPENDICES AND THE INFORMATION IN THEM, IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL.\n \n \n FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION.\n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION\n \n \n Compass Group PLC Press Release\n \n \n 19 May 2020\n \n \n \n Results of Placing\n \n \n Compass Group PLC (\"Compass\" or the \"Company\" or the \"Group\") announces the successful pricing of the non-pre-emptive placing (the \"Placing\") of new ordinary shares of 11 1/20 pence each in the capital of the Company (\"Ordinary Shares\") announced earlier today.\n \n \n A total of 195,012,686 new Ordinary Shares in the capital of the Company (the \"Placing Shares\") have been placed by Goldman Sachs International (\"Goldman Sachs\"), Morgan Stanley & Co. International plc (\"Morgan Stanley\"), Barclays Bank PLC (\"Barclays\") and Merrill Lynch International (\"BofA Securities\") at a price of 1,025 pence per Placing Share (the \"Placing Price\"). Goldman Sachs, Morgan Stanley and Barclays are acting as joint global co-ordinators and joint bookrunners (the \"Joint Global Co-ordinators\") and BofA Securities is acting as joint bookrunner (together with Goldman Sachs, Morgan Stanley and Barclays, the \"Joint Bookrunners\" or the \"Banks\"). Morgan Stanley, Barclays and BofA Securities are also Compass' Corporate Brokers.\n \n \n Concurrently with the Placing, directors and members of the senior management team of the Company have subscribed (the \"Subscription\") for an aggregate of 109,266 new Ordinary Shares in the capital of the Company (the \"Subscription Shares\"), at the Placing Price, pursuant to subscription letters entered into by such directors and members of the senior management team. In addition, retail and other investors have subscribed in the offer made by the Company via the PrimaryBid platform for a total of 545,400 n...