Page 11 - Private Equity Exits via Initial Public Offerings 2016
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Notes
1 Assuming no exercise of an over-allotment option (if any). Such option, if exercised following the IPO, typically involves the sale of shares representing up to a further 10-15% of the offer.
2 This includes the amount raised by any selling shareholders and assumes no exercise of an over-allotment option (if any). Note that funds raised by the company through the IPO in many
instances are used to repay debt or to redeem other instruments in the capital structure.
3 As at 6 January 2017.
4 Assuming no exercise of an over-allotment option (if any).
5 This includes an estimate of the expenses payable by any selling shareholders (if known).
Sources: London Stock Exchange and relevant company prospectuses and announcements.
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