LyondellBasell offers 20 million ordinary shares by Apollo

LyondellBasell offers 20 million ordinary shares by Apollo

4:17 AM, 2nd November 2012
LyondellBasell offers 20 million ordinary shares by Apollo

ROTTERDAM, THE NETHERLANDS: LyondellBasell announced the commencement of an underwritten public offering of 20 million ordinary shares by certain selling shareholders that are affiliates of Apollo Management Holdings. The selling shareholders will agree to a lock-up of their ordinary shares (subject to certain exceptions) for a period of 30 days after the date of the prospectus supplement for the offering. LyondellBasell will not receive any proceeds from the offering. The total number of LyondellBasell ordinary shares outstanding will not change as a result of the offering.

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