Hutchison China MediTech Limited Announces Exercise of Overallotment Option

Autor: Hutchison China MediTech Limited
Zdroj: Business Wire (English). 04/13/2016.
Abstrakt: Hutchison China MediTech Limited ("Chi-Med") (Nasdaq/AIM: HCM) announces that the underwriters of its offering of American depositary shares (“ADSs”) on the Nasdaq Global Select Market (the “Offering”) have exercised their overallotment option. The underwriters elected to purchase an additional 660,000 ADSs at a price of US$13.50 per ADS, raising an additional US$8,910,000 in gross proceeds and bringing the total gross proceeds of the Offering to US$110,160,000, through the sale of an aggregate of 8,160,000 ADSs, each representing one-half of one ordinary share of Chi-Med. All of the ADSs in the Offering were sold by Chi-Med. [ABSTRACT FROM PUBLISHER]
Databáze: Regional Business News
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