IBS Group Holding Limited / Key word(s): IPO
12.06.2013 14:18
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Offering structure for Luxoft Holding Inc. IPO agreed
Ramsey, Isle of Man, June 12, 2013 - Luxoft Holding, Inc ('Luxoft'), a
subsidiary of IBS Group Holding Limited ('IBS Group'), announced today that
it has commenced an initial public offering of 4,092,070 Class A ordinary
shares pursuant to a registration statement on Form F-1 filed with the U.S.
Securities and Exchange Commission. Luxoft is offering 2,046,035 Class A
shares and IBS Group is offering 2,046,035 Class A shares. The
over-allotment option amounts to 613,810 Class A shares. Following the
completion of the offering, IBS Group will beneficially own 72.4% of the
outstanding shares and 82.9 % of the voting power in Luxoft before exercise
of the over-allotment option.
UBS Limited, Credit Suisse Securities (USA) LLC, J.P. Morgan Securities
LLC, VTB Capital plc and Cowen and Company, LLC are the joint bookrunning
managers for the proposed offering. A copy of the preliminary prospectus
related to the offering may be obtained when available from UBS Securities
LLC, by telephone at 1-888-827-7275 or by mail at Attention: Prospectus
Department, 299 Park Avenue, New York, NY 10171; from Credit Suisse
Securities (USA) LLC, by telephone at 1-800-221-1037, by mail at Attention:
Prospectus Department, One Madison Avenue, New York, NY 10010, or by email
at newyork.prospectus@credit-suisse.com; from J.P. Morgan Securities LLC,
by telephone at 1-866-803-9204 or by mail at Attention: Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717; from VTB
Capital plc by telephone at +1 646-527-6313 or by mail at 452 Fifth
Avenue, 23rd Floor, New York NY 10018; or from Cowen and Company, LLC, by
telephone at 1-631-274-2806 or by mail at Attention: Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717.
A registration statement relating to these securities has been filed with
the United States Securities and Exchange Commission but has not yet become
effective. These securities may not be sold nor may offers to buy be
accepted prior to the time the registration statement becomes effective.
This press release does not constitute an offer to sell or a solicitation
of an offer to buy, nor shall there be any sale of these securities in any
state or jurisdiction in which such an offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws
of any such state or jurisdiction.
About IBS Group Holding Limited
IBS Group is a leading software development and IT services provider in
Central and Eastern Europe. Through its two principal subsidiaries, Luxoft
and IBS IT Services, it offers a wide variety of information technology
services, such as software development and IT services outsourcing, IT
infrastructure and business applications implementation. IBS Group has
business operations in Russia, Ukraine, Romania, Poland, Germany,
Switzerland, the UK, the USA, Vietnam and Singapore. IBS Group employs more
than 8,300 people worldwide. In the year ended March 31, 2012, the Group
reported US GAAP consolidated revenues of USD816.3 million. IBS Group's
Global Depositary Receipts are listed on the Regulated Market (General
Standard) at the Frankfurt Stock Exchange (Bloomberg: IBSG:GR; Reuters:
IBSGq.F)
For more information about IBS Group please visit www.ibsgr.com or contact
Investor Relations: Media Relations:
Andrei Novikov Ekaterina Beskhizhko
IR Director PR Manager
tel: +7 (495) 967 8000 (ext.3095) tel: +7 (495) 967 8080 (ext.2963)
anovikov@ibs.ru ebeshizhko@ibs.ru
Disclaimer
The information contained in this press release is not for publication,
distribution or release, directly or indirectly, in any jurisdiction where
such publication, disclosure or release would be unlawful. This press
release does not constitute an offer for the sale of securities in the
United States of America, Canada, Australia, Japan or any other
jurisdiction in which an offer would be subject to legal restrictions.
12.06.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: IBS Group Holding Limited
Kissack Court, 29 Parliament Street
IM8IJA Ramsey (Isle of Man)
Isle of Man
Phone: +7 495 967 80 00
Fax: +7 495 967 80 99
E-mail: anovikov@ibsgr.com
Internet: www.ibsgr.com
ISIN: US4509391037
WKN: A0MJ2Z
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin
End of Announcement DGAP News-Service
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DGAP-Adhoc: IBS Group Holding Limited: Offering structure for Luxoft Holding Inc. IPO agreed
| Source: EQS Group AG