REG - B&M European - Exercise of the Over-Allotment Option <Origin Href="QuoteRef">BMEB.L</Origin>

B&M European Value Retail SAAnnouncement

06/09/2014 14:49

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RNS Number : 1648M
B&M European Value Retail S.A.
11 July 2014 
 
Exercise of the Over-allotment Option 
 
(Article 11(f)/ MAR2.3.11) 
 
B&M European Value Retail S.A. - Exercise of over-allotment option 
 
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO
THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA 
 
B&M European Value Retail S.A. announces exercise of over-allotment option 
 
11 July 2014 
 
B&M European Value Retail S.A. (the "Company") announces that, in connection
with its initial public offering of ordinary shares (the "Global Offer"),
Merrill Lynch International, as stabilising manager, has today exercised the
over-allotment option granted by Simon Arora, Bobby Arora and Robin Arora
(either directly or indirectly) and Clayton Dubilier & Rice, LLC and certain
other co-investment vehicles acting through CD&R European Value Retail S.à
r.l. in respect of 36,018,644 ordinary shares in the Company (the
"Over-allotment Shares"). The Over-allotment Shares will be sold at the offer
price of 270 pence per share. 
 
The Company did not participate in the over-allotment option. 
 
Including the exercise of the over-allotment option, the total size of the
Global Offer was 436,018,644 ordinary shares, in total representing 43.6% of
the 1,000,000,000 ordinary shares of the Company currently in issue. 
 
This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or
dispose of any securities of the Company in any jurisdiction. 
 
This announcement is not an offer of securities for sale into the United
States. The securities referred to above have not been, and will not be,
registered under the United States Securities Act of 1933, as amended, and may
not be offered or sold in the United States absent registration or an
exemption from registration. There has not been and will not be a public offer
of the securities in the United States. 
 
Merrill Lynch International, which is authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential
Regulation Authority in the United Kingdom, is acting exclusively for the
Company and no-one else in connection with the Global Offer.  It will not
regard any other person as its clients in relation to the Global Offer and
will not be responsible to anyone other than the Company for providing the
protections afforded to its client, nor for providing advice in relation to
the Global Offer, the contents of this announcement or any transaction,
arrangement or other matter referred to herein. 
 
This information is provided by RNS
The company news service from the London Stock Exchange