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Laredo Petroleum (LPI) announces a secondary public offering of 12.5M common shares by its...

Laredo Petroleum (LPI) announces a secondary public offering of 12.5M common shares by its majority stakeholder, Warburg Pincus, that will receive all proceeds; no shares are being sold by the company or its management.
Comments (1)
  • James Sands
    , contributor
    Comments (2409) | Send Message
     
    Here's the breakdown based the S-1/A filed October 5, 2012:

     

    "The following diagram depicts our ownership structure after giving effect to this offering assuming no exercise of the underwriters' option to acquire additional shares of common stock."

     

    Warbug Pincus Private Equity IX, L.P. and WP IX Finance L.P. - 55.5%

     

    Warbug Pincus Private Equity X O&G, L.P. and Warbug Pincus X Partners, L.P. - 14.2%

     

    Board and Executive Officers - 2.4%

     

    Public Stockholders - 27.9%
    8 Oct 2012, 05:04 PM Reply Like
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