Luxoft announced today that it has commenced an initial public offering of 4 092 070 Class A ordinary shares pursuant to a registration statement on Form F-1 filed with the US Securities and Exchange Commission. Luxoft will be offering 2 046 035 Class A ordinary shares, and another 2 046 035 Class A ordinary shares will be offered by its parent, IBS Group. The underwriters will be granted a 30-day over-allotment option to purchase up to 306 095 additional Class A ordinary shares from Luxoft and 306 095 additional Class A ordinary shares from the selling shareholder to cover over-allotments, if any.
UBS, Credit Suisse Securities (USA), J.P. Morgan Securities, VTB Capital and Cowen and Company are the joint bookrunning managers for the proposed offering. A copy of the preliminary prospectus related to the offering may be obtained when available from UBS Securities by telephone at 1 888 827 7275 or by mail at Attention: Prospectus Department, 299 Park Avenue, New York, NY 10171; from Credit Suisse Securities (USA) by telephone at 1 800 221 1037, by mail at Attention: Prospectus Department, One Madison Avenue, New York, NY 10010, or by e-mail at newyork.prospectus@credit-suisse.com; from J.P. Morgan Securities by telephone at 1 866 803 9204 or by mail at Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717; from VTB Capital by telephone at (+1) 646 527 6313 or by mail at 452 Fifth Avenue, 23rd Floor, New York, NY 10018; or from Cowen and Company by telephone at 1 631 274 2806 or by mail at Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717.
A registration statement relating to these securities has been filed with the United States Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
