Ziggo to sell more shares during IPO

News Broadband Netherlands 19 MAR 2012
Ziggo to sell more shares during IPO
Dutch cable operator Ziggo has increased the number of shares it will offer during its planned IPO to 43.5 million from its originally planned 35 million, due to high demand. The company has therefore upped the stake sale to 21.7 percent from 17.5 percent. If the over-allotment option of 6.5 million shares is exercised in full, the IPO will represent 25 percent of Ziggo's total issued share capital. The IPO's subscription began on 9 March and will run until 20 March. Pricing and determination of the exact number of shares will be disclosed on or around 20 March. The shares are expected to list on Amsterdam's NYSE Euronext 21 March.

Categories:

Fixed

Companies:

Ziggo

Countries:

Netherlands

Tags:

Cable - Docsis, Corporate strategy, Financial funding

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NETHERLANDS 19 MAR 2012

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NETHERLANDS 9 MAR 2012

Ziggo to raise up to EUR 745 mln in IPO

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