Business
Over-Allotment Notice
Over-Allotment Notice.
About this update from Safestore Holdings Plc
[{"type":"text","content":"\n Safestore Holdings PLC\n28 March 2007\n\n\n \n\n\n\nNot for release or distribution or publication in whole or part, directly or\nindirectly, in, or into, the United States, Canada, Japan or Australia.\n\n SAFESTORE HOLDINGS PLC\n\n ANNOUNCEMENT OF EXERCISE\n\n OF OVER-ALLOTMENT ARRANGEMENTS\n\n\nSafestore Holdings plc (the 'Company') announces that, in connection with the\ninitial public offering of the Company (the 'Offer'), Citigroup Global Markets\nU.K. Equity Limited ('Citigroup') as stabilising manager, on behalf of itself\nand Merrill Lynch International has today given notice to exercise the\nover-allotment option in respect of 12,097,980 ordinary shares ('Ordinary\nShares') of the Company. None of the proceeds arising from the exercise of the\nover-allotment option will be payable to the Company. Following the transfer of\nOrdinary Shares pursuant to the over-allotment option:\n\n • 99,054,505 Ordinary Shares will be held in public hands representing a\n free float of approximately 52.9% of the issued share capital of the\n Company; and\n • funds managed or advised by Bridgepoint Capital Limited will own 35.1%\n of the Company's issued shares.\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 or invitation to sell or issue, or any solicitation of\nan offer to buy or subscribe for, any securities referred to herein.\n\n • Any purchase of or application for securities of the Company pursuant to\n the Offer should only be made on the basis of the information contained in\n the formal prospectus published on 9 March 2007 in connection with the Offer\n (the 'Prospectus'). The Prospectus contains detailed information about the\n Company and its management, as well as financial statements and other\n financial data. Copies of the Prospectus are available from Safestore\n Holdings plc, Brittanic House, Stirling Way, Borehamwood WD6 2BT.\n\nCitigroup Global Markets U.K. Equity Limited and Merrill Lynch International are\nauthorised and regulated by the Financial Services Authority, are acting for the\nCompany in connection with the Offer and for no one else and will not be\nresponsible to anyone other than the Company for providing the protections\nafforded to their respective cli...