By Sheri Kasprzak
Atlanta, June 16 - Gyrus Group plc said it has arranged a private placement for £153,900,062 to partially fund the acquisition of American Cystoscope Makers Inc.
The offering includes 61,560,025 shares sold at 250p each.
Additionally, the company plans to receive a $250 million debt facility from the Bank of Scotland.
Numis Securities and Panmure Gordon are the placement agents in the stock offering.
Based in Cardiff, Wales, Gyrus makes surgical instruments.
| Issuer: | Gyrus Group plc
|
| Issue: | Stock
|
| Amount: | £153,900,062
|
| Shares: | 61,560,025
|
| Price: | 250p
|
| Warrants: | No
|
| Placement agents: | Numis Securities and Panmure Gordon
|
| Pricing date: | June 16
|
| Stock price: | 282p at close June 16
|
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