Business
Exercise of Over allotment
Exercise of Over allotment.
About this update from Fresnillo Plc
[{"type":"text","content":"\n RNS Number : 2247W Fresnillo PLC 06 June 2008 \n \nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN\nFresnillo plc announces exercise of over-allotment arrangements\n6 June 2008\nFresnillo plc (the 'Company') announces that, in connection with the initial public offering of ordinary shares in the Company (the 'Global Offer'), JPMorgan Cazenove Limited, as stabilising manager, has today exercised the over-allotment arrangements in respect of 1,554,464 ordinary shares in the Company (the 'Over-allotment Shares'). None of the £8.6 million proceeds arising from the exercise of the over-allotment arrangements will be received by the Company.\nIncluding the Over-allotment Shares, the total size of the Global Offer is £913.3 million (164,564,968 ordinary shares). Following the exercise of the over-allotment arrangements, Industrias Penoles S.A.B. de C.V. will own approximately 77.1 per cent of the Company's ordinary shares.\n\nFor further information please contact:\n\nJPMorgan Cazenove Tel: +44 (0)20 7588 2828\nIan Hannam\nAndrew Wray\n\nBrunswick Tel: +44 (0)20 7404 5959\nPatrick Handley\nCarole Cable\n\nThe information contained in this announcement is restricted and is not for release, publication or distribution in or into, the United States, Canada, Australia or Japan. This announcement does not contain or constitute an offer to sell or the solicitation of an offer to buy securities in the United States, Canada, Australia, Japan or in any other jurisdiction.\nThe securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the 'Securities Act'), and may not be offered or sold within the United States absent registration under the Securities Act or an exemption from registration. No public...