Imcd raises eur 400 mln through accelerated bookbuild offering of new shares
Imcd successfully raises eur 400 million through an accelerated bookbuild offering of new shares. newly issued shares represent 8.4% of imcd' s issued share capital before capital increase and 7.7% after transaction. net proceeds of offering will be used by company for general corporate purposes and to finance acquisition of 70% of signet excipients private limited (" signet"). after settlement total number of issued ordinary shares of imcd will amount to 56,987,85. new shares will rank pari passu in all respects with outstanding ordinary shares of company, including any rights to dividends.