| Denison International PLC | |||
| Ticker: | DENHY | ||
| Exchange: | NASDAQ-National Market | UK | |
| Industry: | Manufacturing (SIC Code 3594) | ||
| Type of Shares: | American Depositary Receipts | Filing Date: | 7/16/97 | |
| U.S. Shares: | 450,000 | Offer Date: | 8/7/97 | |
| Non-U.S. Shares: | 3,360,000 | Filing Range: | $17.00 - $19.00 | |
| Primary Shares: | 3,810,000 | Offer Price: | $16.00 | |
| Secondary Shares: | 0 | Gross Spread: | $1.12 | |
| Offering Amount: | $68,580,000 | Selling: | $0.65 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | 11,000,000 |
| Manager | Tier | Phone |
| Lehman Brothers Incorporated | Lead Manager | (212) 526-8100 |
| Schroder Wertheim & Company, Incorporated | Co-manager | (212) 492-6900 |
Dollar amounts in U.S. millions except for per share data | |||||
| 6 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 6/30/97 | 6/30/96 | ||||
| Revenue: | $75.08 | $74.90 | Assets: | ||
| Net Income: | $8.40 | $9.08 | Curr Assets: | ||
| EPS: | $0.80 | $0.86 | Liabilities: | ||
| Prior EPS: | Curr Liabilities: | ||||
| Cash Flow/Oper: | Equity: | ||||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is a manufacturer of hydraulic pumps, motors and valves. The parts are used in larger pieces of machinery and equipment, provide the force to move and position very heavy materials and to more precisely move and position light loads. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for acquisitions, working capital and other general corporate purposes. |