Tumas Investments plc - Bond Issue Oversubscribed

On 3 July Tumas Investments plc announced that the General Public Offering of its 6.25% 2014 – 2016 bonds which opened at 0830 hours was immediately closed due to over-subscription.

The pre-placement held on 1 July was oversubscribed by 2.3 times as demand reached over €34 million. During the pre-placement a total of €15 million were subscribed leaving a balance of a maximum of €10 million for the General Public offering.

Tumas Investments is expected to announce its allocation policy by next Friday 10 July.

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