Eurocastle Investment Limited : Eurocastle Announces Exercise of the Greenshoe Option in doBank IPO
July 19 2017 - 3:00AM
Guernsey, 19 July 2017 -
Eurocastle Investment Limited ("Eurocastle" or the "Company") today
announces that doBank has reported that the Joint Global
Coordinators of the recently completed IPO have exercised their
greenshoe option in full. Accordingly, Eurocastle and other
Fortress affiliates have each sold down an additional 1.735 million
shares at the IPO price of €9.00 per share. Settlement
of the shares will take place on 21 July 2017.
In aggregate, the IPO has resulted
in the sale of 38.17 million shares in doBank, of which Eurocastle
has sold 19.085 million shares. The Company, together with other
Fortress Affiliates, retains a joint 51.22% interest in doBank
(excluding 1,750,000 of treasury shares).
*
* *
The doBank
securities may not be offered or sold in the United States unless
they are registered under the United States Securities Act of 1933
or exempt from registration. The securities are not and are not
intended to be registered in the United States.
ABOUT
EUROCASTLE
Eurocastle Investment Limited is a
publicly traded closed-ended investment company that focuses on
investing in performing and non-performing loans and other real
estate related assets primarily in Italy. The Company is Euro
denominated and is listed on Euronext Amsterdam under the symbol
"ECT". Eurocastle is managed by an affiliate of Fortress Investment
Group LLC, a leading global investment manager. For more
information regarding Eurocastle Investment Limited and to be added
to our email distribution list, please visit
www.eurocastleinv.com.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Eurocastle Investment Limited via
Globenewswire
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