Phoenix Mills allots 19,85,756 shares at Rs.1600

Phoenix Mills Ltd has announced that the Board of Directors of the Company at its meeting held on June 09, 2007, inter alia, has considered and approved allotment of 19,85,756 Equity Shares of Rs 10/ each for cash at a price of Rs 1600 (including premium of Rs 1590 per equity share) for cash at aggregating Rs 317,72,09,600/- to the following allottees:

1. DWS Invest Bric Plus - 320000 No of shares allotted
2. DB Fund Mauritius Ltd - 90000 No of shares allotted
3. HSBC Financial Services (Middle East) Ltd - 415000 No of shares allotted
4. Americorp Ventures Ltd - 300000 No of shares allotted
5. Barclays Capital Mauritius Ltd - 126756 No of shares allotted
6. Citigroup Global Markets Mauritius Pvt Ltd - 471500 No of shares allotted
7. Rhodes Diversified - 262500 No of shares allotted

Source : Equity Bulls

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