Exercise of Over-allotment Option
Over-allotment option exercised, increasing IPO size to approximately £398 million.
- Over-allotment shares 13,673,547 ordinary shares
- Over-allotment option price 370 pence per share
- Total Offer size (after over-allotment) approximately £398 million
- Total ordinary shares in Offer approximately 108 million ordinary shares
- Percentage of ordinary shares approximately 21 per cent.
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Further to its announcement on 30 October 2025 relating to its initial public offering (the "Offer"), Shawbrook Group plc ("Shawbrook") announces that Barclays Capital Securities Limited, acting as the stabilising manager, has today given notice to exercise the over-allotment option (the "Over-allotment Option") granted by Marlin Bidco Limited in respect of 13,673,547 ordinary shares in Shawbrook at the offer price of 370 pence per share.
Giving effect to the exercise of the Over-allotment Option, the final size of the Offer is approximately £398 million (approximately 108 million ordinary shares), representing approximately 21 per cent. of the ordinary shares in Shawbrook.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.