MD Medical Group Investments PLC: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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MD Medical Group Investments PLC Announces Exercise Of Over-Allotment Option In Connection With Initial Public Offering
MD Medical Group Investments PLC announced that in connection with its initial public offering (the Offering) the over-allotment option granted by MD Medical Holding Limited, the selling shareholder, has been exercised by the Joint Bookrunners in respect of 1,564,066 ordinary shares in the form of global depositary receipts (GDRs), representing 6.94% of the base offer size. The offering of shares in the form of GDRs was priced on 12 October at USD12 per GDR with one GDR representing an interest in one ordinary share. The over-allotment shares were sold at the offer price. The total Offering size, including the over-allotment option, is USD289,218,828 comprising 24,101,569 GDRs. Following the exercise of the over-allotment option, MD Medical Group's free float will be approximately 32.1%.
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