UTI Bank Limited
27 July 2007
ALLOTMENT OF EQUITY SHARES REPRESENTING THE UNDERLYING SHARES IN THE FORM OF
GLOBAL DEPOSITARY RECEIPTS (GDRs) AND EQUITY SHARES UNDER QUALIFIED
INSTITUTIONAL PLACEMENT (QIP) TO INVESTORS AND PREFERENTIAL ISSUE OF SHARES TO
INDIAN FINANCIAL INSTITUTIONS
UTI Bank has today made allotment of the following:
1. 2,82,64,934 equity shares @ Rs. 620/- per share inclusive of premium of Rs.
610/- per share by way of Qualified Institutional Placement (QIP) to QIBs.
2. 1,41,32,466 Global Depositary Receipts (GDRs), each GDR representing one (1)
underlying fully paid up equity share @ Rs. 620/- per share inclusive of
premium of Rs. 610/- per share to investors.
3. 3,06,95,129 equity shares to six institutions, namely The Administrator of
the Specified Undertaking of the Unit Trust of India (SUUTI), LIC, GIC, New
India Assurance, Oriental Insurance and United India Insurance @ Rs. 620/-
per share inclusive of premium of Rs. 610/- per share.
This information is provided by RNS
The company news service from the London Stock Exchange