Successful Warrant Exchange Program
April 03 2009 - 4:02AM
UK Regulatory
TIDMGLBM
RNS Number : 0863Q
Globe Specialty Metals, Inc
03 April 2009
Globe Specialty Metals, Inc.
Globe Specialty Metals Announces Successful Warrant Exchange Program
New York, N.Y., April 3, 2009 - Globe Specialty Metals (AIM: GLBM.L) today
announced that holders of 99% of its warrants have agreed to accept an offer to
exchange the warrants for Globe common stock in the ratio of five and one-half
warrants for each common share.
About Globe Specialty Metals
Globe Specialty Metals, Inc. is among the world's largest producers of silicon
metal and silicon based specialty alloys, critical ingredients in a host of
industrial and consumer products. Customers include major silicone, chemical,
aluminum and steel manufacturers, auto companies and their suppliers, ductile
iron foundries, manufacturers of photovoltaic solar cells and computer chips,
and concrete producers. The Company is headquartered in New York City. For
further information please visit our web site at www.glbsm.com.
Enquiries:
+-----------------------------------------+-----------------------+
| Globe Specialty Metals, Inc. | +1 212 798 8122 |
| Jeff Bradley, Chief Executive Officer | |
| | |
+-----------------------------------------+-----------------------+
| Malcolm Appelbaum, Chief Financial | |
| Officer | |
| | |
+-----------------------------------------+-----------------------+
| Collins Stewart Europe Limited | +44 (0) 207 523 8350 |
| Mark Dickenson/Adam Cowen | |
+-----------------------------------------+-----------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
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