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Technology Stocks : Town Pages Net.com plc (TPN)

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To: DD™ who wrote ()4/29/1999 11:32:00 AM
From: hcm1943  Read Replies (1) of 40
 
from Dow Jones
Symbol(s) 4022 & Date
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04/29 10:50A (DJ) +Underwriters Boost TownPagesNet.com IPO To 2.2M ADS From 2M
Story 4022 Underwriters/TownPagesNet.com IPO -2: Sees Pricing At $10/ADS
NEW YORK (Dow Jones)--Underwriters Dirks & Co. said the initial public
offering of TownPagesNet.com., a company which produces and delivers an
Internet-based service for up-to-date information about specific towns and
cities in the United Kingdom, has been boosted to 2.2 million American
Depositary Shares from 2 million.
In a press release Thursday, the underwriters said the offering is expected
to be priced at $10 per ADS, the upper end of the previously planned $8-$10
per ADS range.
The managing underwriters are Dirks & Co., J.P. Turner & Co., LLC and
Security Capital Trading Inc.
TownPagesNet.com is expected to begin trading Friday on the American Stock
Exchange under the symbol TPN.
(END) DOW JONES NEWS 04-29-99
11:28 AM
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