Barrick: Pricing of African Barrick Gold plc Initial Public Offering

Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) reported the pricing of the initial public offering of African Barrick Gold plc , a new company whose equity will be admitted to the Official List of the Financial Services Authority and to trading on the London Stock Exchange’s main market for listed securities.

The press release is quoted as saying:

An offer price of GBP 5.75 per ordinary share has been set and the net proceeds of the offering are expected to be approximately $834 million, which will be paid to Barrick.

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