RBD market stand completed

Deutsche Securities went to the market early this morning for 13.8 million shares in the fast food company at $1.25 on behalf of AMP Henderson Global Investors. The price was an 18 cent premium to Tuesday's closing price of $1.07.

Today's stand occurred on a 'Special Board' and according to stock exchange rule the broker handling the market stand had to buy 20% on market but could buy the remaining 80% from its own clients. It's understood orders immediately filled the required 20% or 2.76 million shares on market.

Restaurant Brands says it welcomes AMP Henderson Global Investors as a quality shareholder.

RBD closed Wednesday up 12 at $1.19.

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