24th May 2016 06:26
LONDON (Alliance News) - Credit Suisse Securities (Europe) Ltd on Tuesday said it placed 5.4 million shares in London-listed bottler Coca-Cola HBC AG on behalf of New Argen Holdings Ltd at GBP13.15 each, raising GBP71 million.
The placing was initially announced on Monday by Credit Suisse, which acted as sole global coordinator and bookrunner.
Following completion, New Argen, which is a private equity vehicle, continues to hold 4.5 million shares in Coca-Cola HBC, representing 1.2% of its issued share capital.
Unsold shares will be subject to a 60-day lock-up from the date of completion of the sale.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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Coca-Cola HBC