subject: 27 listed Rusal said moderate over-subscribed - aluminum, the stock market - the HVAC industry [print this page] 27 listed Rusal said moderate over-subscribed - aluminum, the stock market - the HVAC industry
HC HVAC & R Network January 26 News, will be officially unveiled tomorrow HKEx Russian Aluminum (0486) distribution of the results released yesterday, described the international placement was "moderately oversubscribed", but did not disclose subscription. It is reported that Russia's aluminum since tomorrow will be lots of 2.4 million shares traded.
According to Hong Kong media reports, will be officially unveiled tomorrow HKEx Russian Aluminum (0486) distribution of the results released yesterday, described the international placement was "moderately oversubscribed", but did not disclose subscription. Company net proceeds of approximately 16.7 billion. According to the announcement, a total of 229 investors allocated shares, the largest placees allocated 477 million shares, accounted for 26% of total allocation of shares. Russian aluminum from tomorrow will be lots of 2.4 million shares traded.
Commission requested Subscription Russian aluminum admission at least one million yuan, but the distribution of the results shows that investors have only been allocated a maximum of 2.4 million shares (1 lot) shares, worth less than 260,000 yuan, the sources said, The subscriber is subscribed one million yuan into the flight, so no violation of the SFC requirements. Allocated a hand to hand placees 10 and 53, have been allocated more than 100 hands are 73. Rusal does not disclose a notice with the names of contractors, large contractors with 25 others already account for 76.7% of allotments.
25 largest accounting for 76.7% placees Placing Shares
Rusal The median price to 10.8 yuan per share, pricing, Global Depositary Shares per share issue price of 28.08 U.S. dollars. So times were moderately over-subscribed, notice that, in addition to the original sale of about 1.61 billion shares, the co-sponsors in accordance with the Global Offering has been divided over a total of 225 million shares, so that allocation of shares to 1.835 billion shares. To complement the over-allocation, Credit Suisse and Russian aluminum shareholders Amokenga Holdings has entered into a stock borrowing arrangement for this.
The past practices of other shares, such as Russia and second-hand price of aluminum falls below the offer price, the underwriters will purchase shares from the secondary market to fill the early part of the excess distribution (ie the repayment of borrowed shares), the shortfall Placing of new shares make up only an additional, so the possibility of Russian aluminum 16.7 billion on top of new shares by placing an additional raising of more than 20 million shares in the secondary market depends on the performance.
A total of about 1.835 billion shares had been allocated to 229 investors, of which about 1.71 billion shares in the form of distribution is the remaining approximately 126 million shares Zeyi allocated by the Global Depositary Shares. Commitments with people at all, only 178 shares in the form of allocation, 48 only in the form of depositary shares, and another three both.
Therefore, to be issued is completed, Russia will have 233 shareholders of aluminum.
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