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NUCORP UNDERWRITERS EXERCISE OVERALLOTMENT OPTION

 NUCORP UNDERWRITERS EXERCISE OVERALLOTMENT OPTION
 CHICAGO, Sept. 8 /PRNewswire/ -- Nucorp, Inc. (NASDAQ: NUCO) said its underwriters have exercised their option to purchase 525,000 shares of Nucorp common stock to cover over-allotments made during Nucorp's offering of Aug. 7. Co-managers of the offering are Stephens Inc. and W.I.G. Securities.
 The underwriters will purchase 407,219 shares from the company and 117,781 shares from the Robert H. and B. Ann Luri Trust.
 Net proceeds to the company will be approximately $3.4 million.
 Nucorp is involved primarily in specialty insurance, through United Capitol Insurance Co., an excess and surplus lines property and casualty insurer, and Western Surety Co., the country's largest writer of small fidelity and non-contract surety bonds.
 -0- 9/8/92
 /CONTACT: Kirk Brewer, 312-258-4359, or Susan Obuchowski, 312-466-4010, both of Nucorp/
 (NUCO) CO: Nucorp, Inc. ST: Illinois IN: INS SU:


TS -- NY032 -- 6970 09/08/92 11:27 EDT
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Publication:PR Newswire
Date:Sep 8, 1992
Words:154
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