July 10, 2014 / 5:32 PM / 3 years ago

BRIEF-Imperial Tobacco says Logista IPO offer price set at 13 euro/shr

July 10 (Reuters) - Imperial Tobacco Group Plc

* Offer price for Logista

* Announces successful pricing of IPO of Compañía De Distribución Integral Logista Holdings, S.A.U.

* Logista has today announced that offer price has been set at 13.00 euro per share implying a market capitalisation for Logista of approximately 1.7258 bln euro

* Deal offer size is 36,204,545 shares, representing 27.3 pct of Logista’s issued share capital on admission

* Gross proceeds from IPO will be approximately 470.7 million euros at offer price, excluding over-allotment option

* Maximum deal offer size is 39,824,999 shares (assuming full exercise of over-allotment option

* Following IPO, Imperial Tobacco will hold approximately 72.7 pct of Logista’s shares, assuming no exercise of over-allotment option

* Logista and selling shareholder are subject to a 180 day lock-up period Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below