LifeStar Holding plc - IPO & Exchange Offer

On 28 April 2021, LifeStar Holding plc announced that it intends to offer for sale just over 18.5 million ordinary shares in LifeStar Insurance Limited at an offer price of €0.54 per ordinary share. Moreover, LifeStar Holding intends to offer 6.57 million ordinary shares that it holds in LifeStar Insurance to its shareholders in exchange for their ordinary shares in LifeStar Holding, at an exchange ratio of 1:1. The cut-off date for the Exchange Offer is 29 April 2021 whilst trading in the shares of LifeStar Holding will be suspended with effect from 30 April 2021.

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