Business
Over-Allotment Option
Over-Allotment Option.
About this update from Ferrexpo Plc
[{"type":"text","content":"\n Ferrexpo PLC\n29 June 2007\n\n\nThe information contained herein is restricted and is not for release,\ndistribution, or publication directly or indirectly, in or into the United\nStates, Australia, Canada or Japan or to residents or citizens of Australia,\nCanada or Japan.\n--------------------------------------------------------------------------------\n\n29 June 2007\n\nFerrexpo plc ('Ferrexpo' or the 'Company')\n\nAnnouncement of Exercise of Over-Allotment Option\n\nFerrexpo plc announces that, in connection with its initial public offering of\nordinary shares, (the 'Global Offer'), JPMorgan Cazenove Limited, as stabilising\nmanager and on behalf of the underwriters of the Global Offer, has today given\nnotice to exercise in full the over-allotment option in respect of 10,646,855\nexisting ordinary shares at the offer price of 140 pence per ordinary share.\n\nFollowing the exercise of the over-allotment option, 170,641,893 ordinary shares\nwill be held in public hands, representing a free float of approximately 28 per\ncent. of the issued share capital of the Company.\n\n\nFor further information, please contact:\n\n\nFerrexpo plc Tel: +44 207 389 8300 Dennis McShane\n\nJPMorgan Cazenove Limited Tel: +44 207 588 2828 Ian Hannam and Neil Haycock\n\nDeutsche Bank AG, London Branch Tel: +44 207 545 8000 Nicholas Taylor and John Lydon\n\nFinsbury Tel: +44 207 251 3801 Robin Walker and Alex Simmons\n\n\nThis announcement has been prepared and issued by Ferrexpo plc and is the sole\nresponsibility of Ferrexpo plc.\n\nThis announcement may not be distributed, directly or indirectly, in or into the\nUnited States, Canada, Australia or Japan. This announcement does not constitute\nor form part of an offer to sell or issue, or any solicitation of an offer to\nbuy or subscribe for, any securities referred to herein. The Global Offer and\nthe distribution of this announcement and other information in connection with\nthe Global Offer in certain jurisdictions may be restricted by law and persons\ninto whose possession any document or other information referred to herein comes\nshould inform themselves about and observe any such restriction. Any failure to\ncomply with these restrictions may constitute a violation of the securities laws\nof any such jurisdiction.\n\nThe securities mentioned herein have not been, and will not be, regist...