ARYZTA PLACING

RNS Number : 4737I

Origin Enterprises Plc

25 March 2015

 



ARYZTA placing

25 March 2015 - Origin Enterprises plc ("Origin" or the "Company") has been informed by ARYZTA AG ("ARYZTA") that it has placed 49,000,000 ordinary shares in Origin, equivalent to 39.1% of the Company's issued share capital excluding treasury shares, at a price of €8.25 per share ("the Placing").  The Placing will complete on 30 March 2015.

On completion of the Placing, ARYZTA will continue to own, in aggregate, 36,282,338 ordinary shares in Origin, representing 29.0% of the issued share capital of the Company, excluding treasury shares.

ENDS

Enquiries:

Origin Enterprises plc

Imelda Hurley

Chief Financial Officer:

Tel: [phone]

Davy Corporate Finance (Nominated Advisor)

Ivan Murphy / Anthony Farrell

Tel: [phone]

Goodbody (ESM Advisor)

Kevin Keating / Siobhan Wall

Tel: [phone]

Murray Consultants

Douglas Keatinge

Tel:  [phone]

About Origin Enterprises plc 

Origin Enterprises plc is a focused Agri-Services group providing on-farm advice and the supply of agri-inputs.  The Group also has an investment in consumer foods.  The Agri-Services business through its manufacturing and distribution operations in Ireland, the United Kingdom, Poland and Ukraine has leading market positions in the supply of specialist agronomy services, crop nutrition and feed ingredients.  The Group is listed on the ESM and AIM markets of the Irish and London Stock Exchanges. 

ESM ticker symbol:             OIZ

AIM ticker symbol:               OGN

Website:                                www.originenterprises.com

 

END

 

 

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