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Provider: Reuters Investment Profile
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Gaztransport & Technigaz announces exercise of over-allotment option


Thursday, 27 Mar 2014 05:48am EDT 

Gaztransport & Technigaz SA:Announces that, in connection with its initial public offering, Morgan Stanley partially exercised over-allotment option covering 827,284 additional existing shares, sold by Total for 413,642 shares and by H&F for 413,642 shares.Transaction was made at offering price of 46 euros per share, corresponding to total of about 38.06 million euros.Total number of shares offered in connection with IPO is 14,327,284, representing about 38.61pct of GTT`s share capital, thereby increasing offering size to about 659.06 million euros.