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Nomad Foods To Offer 20M Ordinary Shares In Underwritten Public Offer

By Publications Checkout
Nomad Foods To Offer 20M Ordinary Shares In Underwritten Public Offer

Frozen foods maker Nomad Foods Limited has announced its intention to offer 20,000,000 of its ordinary shares through an underwritten public offering.

The group is expected to grant a 30-day option to purchase up to 3,000,000 additional ordinary shares.

All of the ordinary shares to be sold in the offering are to be sold by Nomad Foods.

The group intends to use the net proceeds from the offering for general corporate use.

Public Offering

Goldman Sachs & Co. LLC is acting as representative and Barclays, Citigroup, Credit Suisse, and UBS Investment Bank are acting as book-running managers for the offering.

A statement from the company said that the offering of the ordinary shares ‘is being made only by means of a preliminary prospectus supplement and accompanying base prospectus’.

The group filed a shelf registration statement on Form F-3ASR relating to the ordinary shares offered with the Securities and Exchange Commission on 4 June last year

The offering was automatically effective upon filing.

© 2019 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click subscribe to sign up for the Checkout print edition. 

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