P203 CEEFAX 203 Thu 10 Mar 13:54/12
|l4|l4|, ,l4
n1n1 |.% HANSON SETS BEAZER
/.%/.%/, /,$ PRICE AT 165p A SHARE
7#####################################k
5 Hanson has set the flotation price j
5 for its Beazer house building unit j
5 j
5 The offer price gives Beazer a j
5 market capitalisation of £463.4m. j
5 j
5 A total of 280.8m shares are being j
5 sold of which 70.2m will be offered j
5 to the public. j
5 j
5 This will include new shares to be j
5 issued by Beazer to raisj £50m, net j
5 of expenses, to fund development. j
5 j
5 Hanson paid £350m for Beazet Homes j
5 two and a half years ago. j
5 j
Annuities 270 SHARECHECK 220
Next News SharesH-S £/$ Major Monjyfile