Luxoft Announces Plan for Secondary Offering

Luxoft Holding LXFT today announced plans to conduct a registered secondary offering of its Class A ordinary shares in the United States. Luxoft expects the offering to consist entirely of shares of the selling shareholder, Rus Lux Limited. Luxoft will not receive any proceeds from the sale of shares by the selling shareholder. The offering would commence, subject to market conditions, after Luxoft files a registration statement with the U.S. Securities and Exchange Commission (the “SEC”) and the SEC completes its review. However, there can be no assurances with regard to the timing or the completion of the Offering. This announcement is being made pursuant to and in accordance with Rule See full press release
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsGuidanceOfferingsContractsManagementM&AGlobal
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!