IMCD’s Free Float increased to 84.5% following an recent Private Placement
Specialty chemicals distributor IMCD N.V. (Rotterdam, The Netherlands) has announced that following the recent private placement of 4 million IMCD shares at EUR 31.00 per share with institutional investors in an accelerated book building process by major shareholder Bain Capital, the free float has been increased to 84.4%.
Following this transaction with institutional investors, Bain Capital now holds 15.6% in IMCD, the company said last week.
Source: IMCD press release
HGE – DCG / 16.09.2015