HAIFA, Israel, Feb. 1, 2021 /PRNewswire/ -- ZIM Integrated
Shipping Services Ltd. (NYSE: ZIM) (the "Company"), a global
container liner shipping company with over 75 years of experience,
announced today the closing of its initial public offering ("IPO")
of 14,500,000 ordinary shares, at a price to the public of
$15.00 per ordinary share, for gross
proceeds of $217.5 million, before
deducting underwriting discounts and commissions or other offering
expenses.
The ordinary shares began trading on The New York Stock Exchange
(the "NYSE") under the symbol "ZIM" on January 28, 2021.
Citigroup, Goldman Sachs & Co., LLC., and Barclays acted as
global coordinators and Jefferies and Clarksons Platou Securities
acted as joint bookrunners for the proposed initial public
offering.
A registration statement on Form F-1 relating to these
securities was previously filed with the Securities and Exchange
Commission ("SEC") (File Number: 333-251822) and declared effective
by the SEC on January 27, 2021.
Copies of the registration statement can be accessed by visiting
the SEC website at www.sec.gov. This offering was made only by
means of a prospectus. A copy of the final prospectus relating to
the offering may be obtained from: Citigroup Global Markets Inc.,
c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, New York 11717, by
telephone at 1-800-831-9146; Goldman Sachs & Co. LLC,
Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at
1-866-471-2526 or by email at prospectus-ny@ny.email.gs.com; and
Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, NY
11717, by telephone at 1-888-603-5847 or by email at
barclaysprospectus@broadridge.com.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be
any sale of these securities in any state or jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
About ZIM
ZIM is a global, asset-light container liner shipping company
with leadership positions in the markets where it operates. Founded
in Israel in 1945, ZIM is one of
the oldest shipping liners, with over 75 years of experience,
providing customers with innovative seaborne transportation and
logistics services with a reputation for industry leading transit
times, schedule reliability and service excellence.
Logo - https://mma.prnewswire.com/media/827161/ZIM_Logo.jpg
Media:
Avner Shats
shats.avner@zim.com
+972 4
8652520
ZIM Integrated Shipping Services Ltd.
Investor Relations:
Leon Berman
The IGB Group
212-477-8438
lberman@igbir.com
ZIM-F
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SOURCE ZIM Integrated Shipping Services Ltd.