IONA Technologies PLC Announces Public Offering of 4,000,000 American Depositary Shares

2/28/2002 - IONA Technologies PLC (NASDAQ: IONA) announced today the public offering of 4,000,000 of its American Depositary Shares, representing its ordinary shares, at a price of $15.00 per share. The company has granted the underwriters an option to purchase up to an additional 600,000 shares solely to cover over-allotments, if any.

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