Amira Nature Foods Ltd Announces Pricing of Its Initial Public Offering
DUBAI, United Arab Emirates--(BUSINESS WIRE)-- Amira Nature Foods Ltd (the "Company;") (NYS: ANFI) , a leading global provider of packaged Indian specialty rice, announced today the pricing of its initial public offering of 9,000,000 ordinary shares at $10.00 per share. The shares will be listed on the New York Stock Exchange and traded under the symbol "ANFI" beginning October 10, 2012. The underwriters have a 30-day option to purchase up to an additional 1,350,000 shares from the Company to cover over-allotments.
UBS Securities LLC and Deutsche Bank Securities Inc. are acting as joint book-running managers of this offering. Jefferies & Company, Inc. is acting as lead manager and KeyBanc Capital Markets Inc. is acting as co-manager.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on October 10, 2012. The offering is being made solely by means of a prospectus, copies of which may be obtained from UBS Securities LLC, Attention: Prospectus Department, 299 Park Avenue, New York, NY 10171, or by calling 888- 827-7275; Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, by email at firstname.lastname@example.org, or by calling 800-503-4611.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Amira Nature Foods
Founded in 1915, Amira has evolved into a leading global provider of packaged Indian specialty rice, with sales in over 40 countries today. Amira sells Basmati rice, premium long-grain rice grown only in certain regions of the Indian sub-continent, under their flagship Amira brand as well as under other third party brands. Amira sells its products primarily in emerging markets through a broad distribution network. Amira's headquarters are in Dubai, United Arab Emirates and it also has offices in India, Malaysia, Singapore, the United Kingdom, and the United States.
Cautionary Note on Forward-Looking Statements
This release may contain forward-looking statements within the meaning of the U.S. federal securities laws.Such statements involve a number of known and unknown risks and uncertainties, many of which are outside the Company's control, that could cause its future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include risks detailed in our public filings with the Securities and Exchange Commission. Except as required by law, we undertake no obligation to update any forward-looking or other statements herein, whether as a result of new information, future events or otherwise.
Amira Nature Foods Ltd
Rahul Nayar, Director of Global Communications and Strategy
John Mills/Katie Turner, 646-277-1200
KEYWORDS: United Arab Emirates United States North America New York Middle East
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