EXPOLANKA ANNOUNCES BASIS OF ALLOCATION

Monday, 30 May 2011 00:37 - - {{hitsCtrl.values.hits}}

Expolanka Holdings last week announced the basis of allocation on its Rs. 2.4 billion IPO which was oversubscribed by 5 times drawing near 13,000 applications.

Applicants under retail category will get 100% of their requests whilst the rest will be allotted on the following basis.

Nonretail Category

Shares Applied Basis of Allotment Up to 71,000 100%

71,100 – 4,000,000 71,000 shares + 16.000000% of the balance shares applied. The percentage is applied after deducting 71,000 shares rounded to nearest 100 shares.

4,000,100 – 10,715,000 699,600 shares +4.000000% of the balance shares applied. The percentage is applied after deducting 699,600 shares rounded to nearest 100 shares.

10,715,100 – 26,785,000 1,100,200 shares +3.889837% of the balance shares applied. The percentage is applied after deducting 1,100,200 shares rounded to nearest 100 shares.

26,785,100 and above 2,099,300 shares + 3.285000% of the balance shares applied. The percentage is applied after deducting 2,099,300 shares rounded to nearest 100 shares.

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