NL- Wavin exercises overallotment option

Dutch pipe manufacturer Wavin has announced that ABN AMRO Rothschild, Lehman Brothers and Merril Lynch International, in their capacity of joint global coordinators and joint bookrunners and in name of the banking syndicate, have exercised the overallotment option in its entirety. As a result, CVC Capital Partners and AlpInvest Partners have sold 3.371.313 existing shares for the offer price of EUR 11 per share.Following the exercise of the option, the free float of Wavin's shares has increased by 4.3% to a total of 47.8%.