June 1, 2022
Ardagh Metal Packaging to issue preferred shares to Ardagh Group
Ardagh Group S.A. to subscribe for €250m of Perpetual Preferred Shares to be issued by Ardagh Metal Packaging S.A.
Luxembourg (June. 01, 2022)- Ardagh Group (“Ardagh”) announces its intention to subscribe for €250 million of non-convertible, non-voting 9% Perpetual Preferred Shares by its subsidiary Ardagh Metal Packaging S.A. (“AMP”). The offering is expected to complete in July 2022, subject to shareholder approval of amendments to the Articles of Association of AMP.
Ardagh further notes the update by AMP in relation to its proposed financing, capital allocation and other matters. Ardagh does not intend to participate in AMP’s stock buyback program. Further information on this update can be found at: https://www.ardaghmetalpackaging.com/corporate/investors
To view this release online and for more information about Ardagh Group please visit: https://www.ardaghgroup.com/investors
About Ardagh Group
Ardagh Group is a global supplier of infinitely recyclable metal and glass packaging for brand owners around the world. Ardagh operates 65 metal and glass production facilities in 16 countries, employing more than 20,000 people with annualised sales of approximately $10 billion.
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