Ardagh Group S.A. (“Ardagh” or the “Group”), a global leader in metal and glass packaging solutions, producing packaging for the world’s leading food, beverage and consumer brands, announced today that it has commenced an initial public offering of 16,200,000 Class A common shares pursuant to a registration statement on Form F-1, as amended, filed with the U.S. Securities and Exchange Commission (the “SEC”).
The initial public offering price is currently expected to be between $17.00 and $20.00 per share. The underwriters have a 30-day option to purchase up to 2,430,000 additional Class A common shares from Ardagh. Ardagh has applied for its Class A common shares to be listed on the New York Stock Exchange under the symbol “ARD.”
Citigroup, Deutsche Bank Securities, Goldman Sachs & Co, Barclays, Credit Suisse and J.P. Morgan are acting as joint book-running managers for the offering. Davy and Wells Fargo Securities are acting as co- managers for the offering.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. The securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. The offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to the securities being offered may be obtained, when available, from Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 800-831-9146.