Number of Offer Shares in IMCD Group IPO increased by 10% due to significant demand
Rotterdam, The Netherlands – With reference to the prospectus dated June 16, 2014, IMCD Group (“IMCD” or “Company”), a leading international speciality chemicals-focused distributor, today announces that due to significant demand for the ordinary shares offered in the Initial Public Offering (the “IPO” or the “Offering”), the Company and the Bain Capital Shareholder have decided to increase the number of Offer Shares by 10% from up to 20,000,000 to up to 22,000,000, excluding over-allotment option.
The up to 2,000,000 additional shares will be Existing Offer Shares offered by the Bain Capital Shareholder only. The increase in Offer Shares constitutes an increase from 40.0% to 44.0% of the total issued share capital of the Company following the closing of the Offering (excluding the over-allotment option). As the over-allotment option represents 15% of the Offer Shares, the number of Shares covered by the over-allotment option has increased from 3,000,000 to 3,300,000 accordingly. If the over-allotment option is exercised in full, the Offering will represent 50.6% of the total issued share capital of the Company.
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