Over-Allotment Option

29 Jun 2007 17:23

Ferrexpo PLC29 June 2007 The information contained herein is restricted and is not for release,distribution, or publication directly or indirectly, in or into the UnitedStates, Australia, Canada or Japan or to residents or citizens of Australia,Canada or Japan.-------------------------------------------------------------------------------- 29 June 2007 Ferrexpo plc ("Ferrexpo" or the "Company") Announcement of Exercise of Over-Allotment Option Ferrexpo plc announces that, in connection with its initial public offering ofordinary shares, (the "Global Offer"), JPMorgan Cazenove Limited, as stabilisingmanager and on behalf of the underwriters of the Global Offer, has today givennotice to exercise in full the over-allotment option in respect of 10,646,855existing ordinary shares at the offer price of 140 pence per ordinary share. Following the exercise of the over-allotment option, 170,641,893 ordinary shareswill be held in public hands, representing a free float of approximately 28 percent. of the issued share capital of the Company. For further information, please contact: Ferrexpo plc Tel: +44 207 389 8300 Dennis McShane JPMorgan Cazenove Limited Tel: +44 207 588 2828 Ian Hannam and Neil Haycock Deutsche Bank AG, London Branch Tel: +44 207 545 8000 Nicholas Taylor and John Lydon Finsbury Tel: +44 207 251 3801 Robin Walker and Alex Simmons This announcement has been prepared and issued by Ferrexpo plc and is the soleresponsibility of Ferrexpo plc. This announcement may not be distributed, directly or indirectly, in or into theUnited States, Canada, Australia or Japan. This announcement does not constituteor form part of an offer to sell or issue, or any solicitation of an offer tobuy or subscribe for, any securities referred to herein. The Global Offer andthe distribution of this announcement and other information in connection withthe Global Offer in certain jurisdictions may be restricted by law and personsinto whose possession any document or other information referred to herein comesshould inform themselves about and observe any such restriction. Any failure tocomply with these restrictions may constitute a violation of the securities lawsof any such jurisdiction. The securities mentioned herein have not been, and will not be, registered underthe U.S. Securities Act of 1933 (the 'Securities Act'), and may not be offeredor sold in the United States (as such term is defined in Regulation S under theSecurities Act) unless they are registered under the Securities Act or pursuantto an exemption from registration. No public offer of the ordinary shares isbeing made in the United States. JPMorgan Cazenove Limited is acting exclusively for Ferrexpo plc and no one elsein relation to the Global Offer and will not be responsible to any other personfor providing the protections afforded to their respective clients or forproviding advice in relation to the Global Offer. End This information is provided by RNS The company news service from the London Stock Exchange