| Esat Telecom Group PLC | |||
| Ticker: | ESATY | ||
| Exchange: | NASDAQ-National Market | Dublin, IRELA | |
| Industry: | Service (SIC Code 4812) | ||
| Type of Shares: | American Depositary Receipts | Filing Date: | 10/14/97 | |
| U.S. Shares: | 3,000,000 | Offer Date: | 11/6/97 | |
| Non-U.S. Shares: | 3,000,000 | Filing Range: | $12.00 - $14.00 | |
| Primary Shares: | 6,000,000 | Offer Price: | $13.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.88 | |
| Offering Amount: | $78,000,000 | Selling: | $0.52 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | 18,100,000 |
| Manager | Tier | Phone |
| CS First Boston | Lead Manager | (212) 325-2000 |
| Donaldson, Lufkin & Jenrette Securities Corp. | Co-manager | (212) 371-0641 |
| Business Description |
| The company provides voice and fax services to business customers. The company was formed to combine the holdings in Esat Telecommunications Ltd. And Esat Digifone Ltd. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to roll out a high tech fiber optic network, to lay underwater cable between Ireland and the U.K. |