Business
Announcement of Offer Price
Announcement of Offer Price.
About this update from Stelrad Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 4338R\n Stelrad Group PLC\n 05 November 2021\n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.\n \n This announcement is an advertisement and not a prospectus for the purposes of the Prospectus Regulation Rules of the Financial Conduct Authority (\"FCA\") or otherwise and is not an offer of securities for sale in any jurisdiction, including in or into the United States, Australia, Canada, Japan or South Africa.\n \n Neither this announcement, nor anything contained herein, shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Investors should not subscribe for or purchase any shares referred to in this announcement or the prospectus (as defined below) except solely on the basis of the information contained in a prospectus in its final form (together with any supplementary prospectus, if relevant, the \"Prospectus\"), including the risk factors set out therein, expected to be published later today by Stelrad Group PLC (the \"Company\"), the new indirect holding company of Stelrad Radiator Group Limited (together with the Company, the \"Group\" or \"Stelrad\"), in connection with the proposed offer of ordinary shares in the Company (the \"Ordinary Shares\") and the admission to listing of such Ordinary Shares to the premium listing segment of the Official List of the FCA and to trading on the main market for listed securities of London Stock Exchange plc (the \"London Stock Exchange\"). A copy of the Prospectus will, following publication, be available for inspection from the Company's registered office at 69-75 Side, Newcastle-upon-Tyne, Tyne And Wear, NE1 3JE and on the Group's website at www.stelradplc.com/ipo-centre/, subject to certain access restrictions.\n \n \n \n \n 5 November 2021\n \n Stelrad Group PLC\n Announcement of Offer Price\n Offer Price set at 215 pence per Ordinary Share\n \n Following the confirmation of intention to float announcement on 14 October 2021, the Company today announces the successful pricing of its initial public offering (the \"IPO\" or the \"Offer\") at 215 pence per Ordinary Share (the \...