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CIRSA Cirsa Enterprises SAU News Story

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Brief: Barclays, DB, MS Start Placement Of Up To 4.2% Of Cirsa

March 31 (Reuters) - Barclays PLC, Deutsche Bank AG, Morgan Stanley Europe SE:

STARTS ACCELERATED BOOKBUILT OFFERING

LHMC MIDCO S.A R.L. TO PLACE 6 MILLION CIRSA SHARES, REPRESENTING 3.6% OF CAPITAL OF CIRSA

CIRSA NOT PARTY TO PLACEMENT; WILL NOT RECEIVE PROCEEDS

PLACEMENT TOGETHER WITH OVERALLOTMENT OPTION WOULD REPRESENT UP TO 7.0 MILLION SHARES, AROUND 4.2% OF CIRSA

LHMC MIDCO WILL HOLD 74.2%-74.8% OF CIRSA CAPITAL AFTER PLACEMENT

Source text

Further company coverage: CIRSA.MC

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com;))

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