Result of Equity Issue
December 14 2000 - 12:05PM
UK Regulatory
RNS Number:8544V
Deltron Electronics PLC
14 December 2000
Deltron Electronics plc ("Deltron" or the "Company")
Placing and Open Offer of 5,761,942 Placing Shares at 140p per Share
on the basis of 13 Placing Shares for every 50 Ordinary Shares
The Directors of Deltron are pleased to announce the results of the Placing
and Open Offer of 5,761,942 Placing Shares at 140p per share.
Of the 5,761,942 Placing Shares, the subject of the Placing and Open Offer,
964,396 were placed firm with institutional investors and 2,628,784 Placing
Shares were taken up by shareholders under the Open Offer. The total number of
Placing Shares placed firm or taken up by shareholders represents 62.36 per
cent. of the Placing Shares available under the Open Offer. 2,168,762 Placing
Shares were not taken up or placed firm, representing 37.64 per cent. of the
total Placing Shares and these shares have been placed at 140p per share.
CREST stock accounts will be credited with Placing Shares by 19 December 2000
and share certificates will be despatched by the same date.
14 December 2000
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