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Spicejet - Allotment of Shares consequent upon conversion of FCCB

Direct News Source

22-Jun-2010 Scrip Code:500285  

Company: Spicejet Ltd

Subject: Spicejet - Allotment of Shares consequent upon conversion of FCCB

Announcement: Spicejet Ltd has informed BSE that the Company has made allotment of 6,641,280 equity shares of Rs. 10 each as per following details consequent upon exercise of conversion option by FCCB holders:

1. Name of Allottee: WLR Recovery III (India) Ltd

No. of Shares Allotted: 368,960

2. Name of Allottee: WLR Recovery IV/ESC (India) Ltd

No. of Shares Allotted: 2,213,760

3. Name of Allottee: India Asset Recovery Fund Ltd

No. of Shares Allotted: 2,951,680

4. Name of Allottee: WLR/GS (India) Ltd

No. of Shares Allotted: 1,106,880