London, March 10, 2000 (PRIMEZONE) -- lastminute.com plc, a UK based company, today announced that the price range for its ADSs (and ordinary shares) had increased from a range of $15.16 to $18.75 per ADS (or 190p to 230p per ordinary share), to a new range of $25.37 to $30.12 per ADS (or 320p to 380p per ordinary share). Each ADS represents five ordinary shares.
On March 1, 2000 lastminute.com announced that it filed a registration statement with the Securities and Exchange Commission regarding the proposed initial public offering of 33 million of its ordinary shares.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. The securities mentioned in this press release may not be sold nor may offer to buy be accepted prior to the time the registration statement has become effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.