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ABPA A.B.Ports Assd

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type Share ISIN Share Description
A.B.Ports Assd LSE:ABPA London Ordinary Share GB00B1765577 ORD 25P (ASSD ADMIRAL LN NTS)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Allegiance Bank of North America Announces Exercise of Over-Allotment Option

01/02/2005 11:23pm

PR Newswire (US)


Associated British Ports (LSE:ABPA)
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Allegiance Bank of North America Announces Exercise of Over-Allotment Option BALA CYNWYD, Pa., Feb. 1 /PRNewswire-FirstCall/ -- Allegiance Bank of North America (OTC:ABPA) (BULLETIN BOARD: ABPA) (the "Company") announced that Ryan Beck & Co., Inc., the underwriter of its recently completed stock offering, has exercised its option to purchase an additional 315,000 shares of the Company's common stock to cover over-allotments. On January 13, 2004, the Company completed the sale of 2,100,000 shares of its common stock at $5.75 per share in a firm commitment underwritten offering. Net proceeds from the offering, including the over-allotment option, total approximately $12.7 million. The common stock offering was made only by means of an offering circular. Copies of the offering circular may be obtained from Ryan Beck & Co., Inc., 18 Columbia Turnpike, Florham Park, NJ 07932. Allegiance Bank of North America is a locally managed community bank located in Bala Cynwyd, Pennsylvania. It offers a sophisticated package of services beyond traditional bank services, such as escrow account management, specialty real estate lending programs, internet banking and non-bank services including title insurance, real estate settlement services, financial planning, life and health insurance and retirement programs. COMPANY CONTACT: Allegiance Bank of North America, Bala Cynwyd C. Andrew Cook, (610) 949-0760 DATASOURCE: Allegiance Bank of North America CONTACT: C. Andrew Cook of Allegiance Bank of North America, Bala Cynwyd, +1-610-949-0760

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