(Alliance News) - Recently-listed healthcare services firm Uniphar PLC said Friday it raised a further EUR4.4 million through the overallotment facility, resulting in its initial public offer raising EUR139 million in total.
In mid July, Uniphar raised EUR135 million in gross proceeds following the admission of its shares on the AIM market of the London Stock Exchange at a price of EUR1.15 each. The firm was also targeting a further EUR15 million in proceeds to be raised from the overallotment facility.
Shares in Uniphar were untraded at EUR1.15 in London on Friday.
With just EUR4.4 million raised through the overallotment facility, total proceeds for Uniphar from the listing amounted to just EUR139 million rather than the original EUR150 million targeted.
Following admission of the 3.8 million overallotment shares - expected next Wednesday - Uniphar will have 273.0 million shares outstanding.
Uniphar (UPR)