Diversey announces exercise of underwriters' option to purchase additional shares

Fort mill, s.c., april 15, 2021 (globe newswire) -- diversey holdings, ltd. (nasdaq:dsey) (“diversey”), a leading provider of hygiene, infection prevention and cleaning solutions, today announced that the underwriters of the previously announced and closed initial public offering of 46,153,846 ordinary shares exercised their option and purchased an additional 5,000,000 ordinary shares at the initial public offering price of $15.00, less the underwriting discount, which purchase of additional shares has also previously closed. the estimated net proceeds from the offering, including the exercise of the underwriters' option, are approximately $723 million after deducting the underwriting discount and estimated offering expenses. the total number of ordinary shares outstanding after the offering is 309,008,357.
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