ZIM Integrated Shipping Services Ltd., a global container liner shipping company with over 75 years of experience, announced today the pricing of a secondary offering of 6,975,000 ordinary shares at a price to the public of $40.00 per ordinary share, by certain selling shareholders of the Company. The offering is expected to close on or about June 8, 2021, subject to the satisfaction of customary closing conditions. In connection with the offering, the selling shareholders granted the underwriters an option, exercisable for thirty (30) days after the offering launch date, to purchase up to 1,046,250 additional ordinary shares, at the public offering price, less underwriting discounts, from the selling shareholders. ZIM is not offering any ordinary shares in the offering and will not receive any proceeds from the sale of shares in the offering.
Citigroup, Goldman Sachs & Co., LLC., and Barclays are acting as global coordinators and Jefferies and Clarksons Platou Securities are acting as joint bookrunners for the offering.
The offering of these securities is being made pursuant to an effective registration statement filed with the Securities and Exchange Commission (the “SEC”) and only by means of a prospectus. Investors may obtain these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. A copy of the prospectus may be obtained from: Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by telephone at 1-800-831-9146; Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at 1-866-471-2526 or by email at [email protected]; and Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-888-603-5847 or by email at [email protected]
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.