FEMSA has announced a record date for eligibility in its share allocation programme. The company said yesterday (3 May) that the record date in its proposed offering of ADSs and BD Units is expected to be Tuesday (10 May).

The aggregate number of ADSs and BD Units initially available under the share allocation programs will represent 50% of the BD Units, including BD Units in the form of ADSs, to be sold in the offering, FEMSA said yesterday.

Beneficial owners of ADSs as of the record date will be eligible to purchase ADSs in the share allocation programme in the international offering. Beneficial owners of BD Units as of the record date will be eligible to purchase BD Units through the share allocation program in the concurrent Mexican offering.

The Mexican company has filed a registration statement relating to the BD Units in the form of ADSs with the US Securities and Exchange Commission but has not yet become effective.