APRIL 11, 2003
Justin Wilson plc extends closing deadline
Justin Wilson plc has had nearly $1.6m of share applications in only 40 days. The initial closing date was April 11 but Justin Wilson plc's managing director, Jonathan Palmer has announced an extension.
"We are all absolutely thrilled with both the rate and amount of applications for shares." said Palmer. "We had no idea just how big the appetite would be to buy a slice of Justin Wilson. With applications for tens of thousands of shares still coming in daily there is no way we are going to deprive people of the opportunity to buy some of the remaining shares."
Applications for shares will close on May 30 unless the offer is fully subscribed beforehand. The maximum subscription is $2m.
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