Share placing fails to find buyers for nearly 40% of offer
Chaucer has announced that just over 60% of its chare offering were taken up with the rest swallowed by its placing underwriters.
The 40 pence per share offer closed at 11.00 a.m. on 20 February 2009. And the company said valid acceptances had been 112,476,971 shares. This represents 61.55%. The balance of 70,270,955 shares, representing 38.45% were not taken up by qualifying shareholders and will be taken up by certain shareholders and other institutional investors.
The shares will become effective at 8.00am on 25 February 2009.
Websites
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
