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Provider: Thomson Reuters Stock Report
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Zoopla Property Group Plc announces offer price


Wednesday, 18 Jun 2014 02:01am EDT 

Zoopla Property Group Plc:Refers to the announcement dated June 05 in connection with the initial public offering.The offer price has been set at 220 pence per share.Based on the offer price, the total market capitalisation of the company will be 918.8 million Pounds.The offer comprises 159,977,620 shares, representing 38.3 pct of the company's issued share capital on admission, excluding the over-allotment option.The offer comprises the sale by selling shareholders of existing shares only.no new shares will be issued pursuant to the offer.Dealings in the shares will commence on the London Stock Exchange June 18 under the ticker ZPLA.The commencement of unconditional dealings in the shares on the London Stock Exchange, are expected to take place at June 23.At admission, the company will have 417,642,460 Shares in issue.