Business
Gibson Energy Inc. announces closing of over-allotment option under initial public offering
Jun. 29, 2011 (Canada NewsWire Group) -- /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR ...
About this update from Gibson Energy Inc.
[{"type":"text","content":"\n\n\n Jun. 29, 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 DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n THE UNITED STATES/\n\n\nCALGARY, June 29, 2011 /CNW/ - Gibson Energy Inc. ("Gibson") is pleased\n to announce that BMO Nesbitt Burns Inc., Scotia Capital Inc. and J.P.\n Morgan Securities Canada Inc., on behalf of the underwriters under\n Gibson's initial public offering (the "IPO") which closed on June 15,\n 2011, have exercised a portion of the over-allotment option granted to\n them under the IPO to purchase 4,250,000 common shares of Gibson held\n by R/C Guitar Coöperatief U.A. at a price of $16.00 per share for gross\n proceeds to R/C Guitar Coöperatief U.A. of $68 million. Gibson will not\n receive any proceeds from the exercise of the over-allotment option.\n Following closing of the over-allotment option, R/C Guitar Coöperatief\n U.A. will own 62% of the common shares of Gibson.\n\n\nThis press release does not constitute an offer to sell or the\n solicitation of an offer to buy the securities in the United States, in\n any province or territory of Canada or in any other jurisdiction. The\n securities to be offered have not been, and will not be, registered\n under the United States Securities Act of 1933, as amended (the "U.S.\n Securities Act") or any U.S. state securities laws and may not be\n offered or sold in the United States absent registration or absent an\n applicable exemption fr...