{"id":456476,"date":"2021-03-11T16:57:11","date_gmt":"2021-03-11T21:57:11","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=456476"},"modified":"2021-03-11T16:57:11","modified_gmt":"2021-03-11T21:57:11","slug":"manchester-united-plc-announces-offering-of-class-a-ordinary-shares-by-the-selling-shareholder","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/manchester-united-plc-announces-offering-of-class-a-ordinary-shares-by-the-selling-shareholder\/","title":{"rendered":"Manchester United Plc Announces Offering of Class A Ordinary Shares by the Selling Shareholder"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Manchester United Plc Announces Offering of Class A Ordinary Shares by the Selling Shareholder<\/b><\/p>\n<p>MANCHESTER, England&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nManchester United plc (\u201cManchester United\u201d) today announced the offering of 5,000,000 of its Class A Ordinary Shares by the Avram Glazer Irrevocable Exempt Trust (the \u201cSelling Shareholder\u201d). Manchester United will not receive any proceeds from the sale of any Class A Ordinary Shares by the Selling Shareholder. The offering is expected to close on March 16, 2021, subject to customary closing conditions. The Class A Ordinary Shares are listed on the New York Stock Exchange (the \u201cNYSE\u201d) under the symbol \u201cMANU.\u201d\n<\/p>\n<p>\nThe sole underwriter for this offering is J.P. Morgan.\n<\/p>\n<p>\nThe underwriter proposes to offer the shares<i \/>of common stock from time to time for sale in one or more transactions on the NYSE, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices.\n<\/p>\n<p>\nThis offering is being made pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission on Form F-3. The securities will be offered only by means of a prospectus and an accompanying prospectus supplement forming a part of the effective registration statement. Prospective investors should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents that Manchester United has filed with the SEC for more complete information about Manchester United and the offering.\n<\/p>\n<p>\nCopies of the prospectus and accompanying preliminary prospectus supplement related to the offering may be obtained from J.P. Morgan Securities LLC, c\/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewater, NY 11717, Phone: 866-803-9204.\n<\/p>\n<p>\nYou may also obtain these documents for free by visiting the Securities and Exchange Commission&#8217;s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=52394938&amp;newsitemid=20210311006032&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=b7e27f36932d4d2b3d9c77868f4bac48\">www.sec.gov<\/a>.\n<\/p>\n<p>\nThis 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 jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.\n<\/p>\n<p>\nIn the United Kingdom, this announcement is only directed at, and any investment or investment activity to which this announcement relates is only available to, and will be engaged in only with, investment professionals falling within Article 19(5), or high net worth entities falling within Article 49(2), of the Financial Services and Markets Act (Financial Promotion) Order 2005 or other persons to whom such investment or investment activity may lawfully be made available (together \u201crelevant persons\u201d). Persons who are not relevant persons should not take any action on the basis of this announcement and should not act or rely on it.\n<\/p>\n<p><b><span class=\"bwuline\">About Manchester United<\/span><\/b><\/p>\n<p>\nManchester United is one of the most popular and successful sports teams in the world, playing one of the most popular spectator sports on Earth. Through our 143-year football heritage we have won 66 trophies, enabling us to develop what we believe is one of the world\u2019s leading sports and entertainment brands with a global community of 1.1 billion fans and followers. Our large, passionate and highly engaged fan base provides Manchester United with a worldwide platform to generate significant revenue from multiple sources, including sponsorship, merchandising, product licensing, broadcasting and matchday initiatives which in turn, directly fund our ability to continuously reinvest in the club.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210311006032r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210311006032\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210311006032\/en\/<\/a><\/span><\/p>\n<p><b><i>Investor Relations<\/i><\/b><i>:<br \/>\n<\/i><br \/>Corinna Freedman<br \/>\n<br \/>Head of Investor Relations<br \/>\n<br \/>+44 738 491 0828<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Corinna.Freedman@manutd.co.uk\">Corinna.Freedman@manutd.co.uk<\/a><\/p>\n<p><b><i>Media Relations<\/i><\/b><i>:<br \/>\n<\/i><br \/>Charlie Brooks<br \/>\n<br \/>Director of Communications<br \/>\n<br \/>+44 161 868 8148<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:charlie.brooks@manutd.co.uk\">charlie.brooks@manutd.co.uk<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United Kingdom Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Soccer Professional Services Sports Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210311006032\/en\/390921\/3\/Manchester_United_Tonal_Crest-nov.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Manchester United Plc Announces Offering of Class A Ordinary Shares by the Selling Shareholder MANCHESTER, England&#8211;(BUSINESS WIRE)&#8211; Manchester United plc (\u201cManchester United\u201d) today announced the offering of 5,000,000 of its Class A Ordinary Shares by the Avram Glazer Irrevocable Exempt Trust (the \u201cSelling Shareholder\u201d). Manchester United will not receive any proceeds from the sale of any Class A Ordinary Shares by the Selling Shareholder. The offering is expected to close on March 16, 2021, subject to customary closing conditions. The Class A Ordinary Shares are listed on the New York Stock Exchange (the \u201cNYSE\u201d) under the symbol \u201cMANU.\u201d The sole underwriter for this offering is J.P. Morgan. The underwriter proposes to offer the sharesof common stock from time to time &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/manchester-united-plc-announces-offering-of-class-a-ordinary-shares-by-the-selling-shareholder\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Manchester United Plc Announces Offering of Class A Ordinary Shares by the Selling Shareholder&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-456476","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Manchester United Plc Announces Offering of Class A Ordinary Shares by the Selling Shareholder - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/manchester-united-plc-announces-offering-of-class-a-ordinary-shares-by-the-selling-shareholder\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Manchester United Plc Announces Offering of Class A Ordinary Shares by the Selling Shareholder - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Manchester United Plc Announces Offering of Class A Ordinary Shares by the Selling Shareholder MANCHESTER, England&#8211;(BUSINESS WIRE)&#8211; Manchester United plc (\u201cManchester United\u201d) today announced the offering of 5,000,000 of its Class A Ordinary Shares by the Avram Glazer Irrevocable Exempt Trust (the \u201cSelling Shareholder\u201d). Manchester United will not receive any proceeds from the sale of any Class A Ordinary Shares by the Selling Shareholder. The offering is expected to close on March 16, 2021, subject to customary closing conditions. The Class A Ordinary Shares are listed on the New York Stock Exchange (the \u201cNYSE\u201d) under the symbol \u201cMANU.\u201d The sole underwriter for this offering is J.P. Morgan. 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Manchester United will not receive any proceeds from the sale of any Class A Ordinary Shares by the Selling Shareholder. The offering is expected to close on March 16, 2021, subject to customary closing conditions. The Class A Ordinary Shares are listed on the New York Stock Exchange (the \u201cNYSE\u201d) under the symbol \u201cMANU.\u201d The sole underwriter for this offering is J.P. Morgan. 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