Marel: Further update on bookbuilding

With reference to the Company’s announcement on 28 May 2019 regarding publication of the prospectus and commencement of the bookbuilding period and the application period, Marel (Euronext/Nasdaq Iceland ticker: MAREL) has been informed that the Managers in the Offering have received orders such that the Offering is fully covered throughout the indicative price range for the maximum potential deal size including over-allotments.

As previously announced, the subscription period for the retail offering will end on or around 5 June 2019 at 17:30 hours (CEST) / 15:30 hours (GMT), and the bookbuilding period for the institutional offering will end on or around 6 June 2019 at 13:00 hours (CEST) / 11:00 hours (GMT).

Citi and J.P. Morgan are acting as Joint Global Coordinators (the “Joint Global Coordinators”) for the Offering and dual listing. ABN Amro, ING and Rabobank are acting as Joint Bookrunners. Arion Bank and Landsbankinn are acting as Joint-Lead Managers and Icelandic Retail Managers. The Joint Global Coordinators, the Joint Bookrunners and the Joint-Lead Managers are collectively referred to as the “Managers”). STJ Advisors is acting as independent financial advisor to Marel on the dual listing.

 

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