LBi International N.V. closes ? 10 million rights offering
(Thomson Reuters ONE) -
Amsterdam, 7 September 2010
LBi International N.V. ("LBi") announces that, in connection with its 1 for 6
Rights Offering ("Rights Offering") of 10,337,212 new ordinary shares with a
nominal value of ? 0.25 each in the share capital of LBi at an issue price of ?
1.00 per New Share, it has received subscriptions for 9,845,647 New Shares
through the valid exercise of transferable subscription entitlements ("SETs").
This represents a take-up of 95.2% of the offering size of approximately EUR 10
million.
As stated in the Prospectus dated 22 July 2010, the Underwriters Janivo and
Cyrte have committed to subscribe for any and all New Shares, which are not
subscribed for during the Exercise Period (defined as the Rump Shares), at the
Offer Price up to an amount of ?10,000,000. Janivo and Cyrte in their capacity
as Underwriters have hence taken up 154,353 shares.
The net cash proceeds of the rights offering will be applied to finance new
acquisitions in the key markets where LBi intends to grow, amongst which are
Asia, the Middle-East and the USA, and will be used for working capital
purposes.
LBi issued 10,000,000 new ordinary shares, corresponding with 7.6% of the total
issued share capital. The total number of outstanding and listed shares after
issuance amounts to 141,156,606 shares.
Contacts
Luke Taylor, CEO, LBi International N.V.
+44 20 7063 6465,luke.taylor(at)lbi.com
Huub Wezenberg, CFO, LBi International N.V.
+31 20 460 4500,huub.wezenberg(at)lbi.com
For more information, go to www.lbi.com
About LBi
LBi is a global digital marketing and technology agency, blending insight,
creativity and expertise to solve business problems. The largest genuinely full
service agency of its kind in Europe, LBi provides the full range of digital
capabilities, including digital strategy, branded content, service design,
media, CRM, technology, managed hosting and support services.
The company employs approximately 1,600 professionals located primarily in the
major European, American and Asian business centres; such as Amsterdam, Atlanta,
Berlin, Brussels, London, Milan, Mumbai, New York, Paris and Stockholm. LBi is
listed on NYSE Euronext in Amsterdam (symbol: LBI).
[HUG#1442928]
Press Release (PDF) :
http://hugin.info/86897/R/1442928/387152.pdf
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Source: LBi International N.V. via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 07.09.2010 - 08:57 Uhr
Sprache: Deutsch
News-ID 41535
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Town:
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Kategorie:
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