InterContinental Hotels Group PLC Announcement of Disposal of Remaining Interest in Britvic plc

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InterContinental Hotels Group PLC Announcement of Disposal of Remaining Interest in Britvic plc
InterContinental Hotels Group PLC Announcement of Disposal of Remaining Interest in Britvic plc
Catégorie : Monde Ceci est un communiqué de presse sélectionné par notre comité éditorial et mis en ligne gratuitement le 14-12-2005 InterContinental Hotels Group PLC (“IHG”) announces that it has received notice of intention to exercise the over-allotment arrangement granted in respect of 23 million shares in Britvic plc. Once exercised, IHG will have disposed of 100% of its holding in Britvic plc. Proceeds of £53 million are expected to be received in relation to the over-allotment arrangements. This will bring the total proceeds received from the disposal of IHG’s entire interest in Britvic plc (including special dividends but before deducting any commissions or expenses) to £371 million.