Luxfer Holdings PLC in Initial Public Offering

October 9, 2012

Cleary Gottlieb represented Luxfer Holdings PLC and certain selling shareholders in Luxfer’s SEC-registered $80 million initial public offering, which consisted of a $64 million primary offering of American Depositary Shares, each representing one half of an ordinary share, and a $16 million secondary offering of ADSs. Credit Suisse Securities (USA) LLC and Jefferies & Company, Inc. were the lead underwriters for the transaction, and the underwriters exercised their over-allotment option in full. The offering priced at $10 per ADS on October 3 and closed on October 9. The ADSs are listed on the New York Stock Exchange.

Luxfer is a global materials technology company specializing in the design, manufacture and supply of high-performance materials, components and gas cylinders to customers in a broad range of growing end-markets. Luxfer’s key end markets are environmental technologies, healthcare, protection and specialty technologies.