By Laura Lutz
Des Moines, Nov. 9 - Dairy Crest Group plc completed a private placement of shares for £37.5 million.
The company sold 6.25 million ordinary shares to institutions at 600p per share.
Hoare Govett Ltd. and Citigroup Global Markets U.K. Equity Ltd. acted as agents for the deal.
Dairy Crest is a diary foods company based in Esher, England.
| Issuer: | Dairy Crest Group plc
|
| Issue: | Ordinary shares
|
| Amount: | £37.5 million
|
| Shares: | 6.25 million
|
| Price: | 600p
|
| Warrants: | No
|
| Agents: | Hoare Govett Ltd., Citigroup Global Markets U.K. Equity Ltd.
|
| Settlement date: | Nov. 9
|
| Stock symbol: | London: DCG
|
| Stock price: | 591p at close Nov. 9
|
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