Last checked at 25 Mar 2015 16:15
ARYZTA placing
25 March 2015 - Origin Enterprises plc ("Origin" or the "Company") has been informed by ARYZTA AG ("ARYZTA") that it has placed 49,000,000 ordinary shares in Origin, equivalent to 39.1% of the Company's issued share capital excluding treasury shares, at a price of €8.25 per share ("the Placing"). The Placing will complete on 30 March 2015.
On completion of the Placing, ARYZTA will continue to own, in aggregate, 36,282,338 ordinary shares in Origin, representing 29.0% of the issued share capital of the Company, excluding treasury shares.
ENDS
Enquiries:
Origin Enterprises plc
Imelda Hurley
Chief Financial Officer:
Tel: +353 (0)1 612 1331
Davy Corporate Finance (Nominated Advisor)
Ivan Murphy / Anthony Farrell
Tel: +353 (0)1 679 6363
Goodbody (ESM Advisor)
Kevin Keating / Siobhan Wall
Tel: +353 (0)1 667 0420
Murray Consultants
Douglas Keatinge
Tel: +353 (0)1 498 0379
About Origin Enterprises plc
Origin Enterprises plc is a focused Agri-Services group providing on-farm advice and the supply of agri-inputs. The Group also has an investment in consumer foods. The Agri-Services business through its manufacturing and distribution operations in Ireland, the United Kingdom, Poland and Ukraine has leading market positions in the supply of specialist agronomy services, crop nutrition and feed ingredients. The Group is listed on the ESM and AIM markets of the Irish and London Stock Exchanges.
ESM ticker symbol: OIZ
AIM ticker symbol: OGN
Website: www.originenterprises.com