26th Oct 2015 18:39
LONDON (Alliance News) - Worldpay Group PLC Monday said Merrill Lynch International has exercised the over-allotment option granted by Ship Global 2 & Cy SCA in respect of 135 million shares at 240 pence each.
Including the exercise of the over-allotment option, the total size of the offer was 1 billion shares, representing 52% of Worldpay's issued share capital.
Following the offer and option exercise, it is expected that Ship Global will hold approximately 42% of Worldpay's shares.
Shares in Worldpay closed up 1% at 265.00 pence on Monday.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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