Exercise of Over-allotment Option

RNS Number : 1544O
Dr. Martens PLC
05 February 2021
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

 

5 February 2021

 

 

Dr. Martens plc

 

Exercise of Over-allotment Option

 

Further to its announcement on 29 January 2021 relating to its initial public offering (the "Offer"), Dr. Martens plc ("Dr. Martens") announces that Goldman Sachs International, acting as the stabilising manager, has today given notice to exercise the over-allotment option (the "Over-allotment Option") granted by IngreLux S.àr.l., a Luxembourg company owned by funds advised by Permira, in respect of 52,500,005 ordinary shares in Dr. Martens at the offer price of 370 pence each.

 

Giving effect to the exercise of the Over-allotment Option, the final total size of the Offer is £1.489 billion (402,500,040 ordinary shares), representing in total 40.3 per cent. of the ordinary shares in Dr. Martens.

 

Enquiries:

 



Finsbury (public relations adviser to Dr. Martens)

 

· Rollo Head / James Leviton / Nidaa Lone

DrMartens@Finsbury.com

+44 (0)207 251 3801



 

Important Legal Information

 

The information contained in this announcement is for background purposes only and does not purport to be full or complete, nor does this announcement constitute or form part of any invitation or inducement to engage in investment activity. No reliance may be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. The contents of this announcement are not to be construed as legal, financial or tax advice.

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