Denmark : ISS A/S announces early close of offering and expected acceleration of first trading of shares.
The offering to retail investors will close today, Tuesday 11 March 2014 at 12:00 CET. The early close of the offering to retail investors is due to such investors having placed orders for ISS shares which, in the aggregate, exceed the expected allocation of offer shares to orders up to and including DKK 3 million each in the Offering.
Additionally, ISS A/S today announces that it has decided that the offering of ISS shares for individual orders of more than DKK 3 million each will close Wednesday, 12 March 2014 at 16:00 CET.
Information about the result of the Offering, including the final offer price and the allocation of shares, is expected to be announced on 13 March 2014 before 8:00 AM CET, allowing the admission to trading and official listing of the ISS shares on NASDAQ OMX Copenhagen to be moved forward to 13 March 2014. The shares will trade under the ticker code ISS .
The offer shares are expected to be delivered on or about Tuesday, 18 March 2014 against payment in immediately available funds in Danish kroner. All settlement in connection with the Offering will take place in the temporary ISIN DK 0060542264.
The existing shares are issued under the permanent ISIN DK 0060542181. The temporary ISIN will be merged with the permanent ISIN, which is expected to occur on or about 20 March 2014.
2014 Al Bawaba (Albawaba.com) Provided by Syndigate.info , an Albawaba.com company
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|Date:||Mar 12, 2014|
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