21st Nov 2013 18:39
LONDON (Alliance News) - Merlin Entertainments PLC Thursday said its stabilisation manager Goldman Sachs International has sold the entire over-allotment option of 30.4 million shares in its recent initial public offering at the offer price.
Earlier this month Merlin priced it initial public offering of shares at 315 pence per share.
Merlin said the sale takes the total number of shares that were subject to offer to 334.2 million.
Stabilisation will not be undertaken in connection with the offer, it said.
The stock closed at 346.33 pence Thursday, up 0.33 pence or 0.1%
By Anthony Tshibangu; [email protected];
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