HUDDERSFIELD employees are set to share in a £2.25m windfall.

Soft drinks firm Britvic today set its share price at 210p to 250p for its flotation on the London stock market on December 9.

The price range will give Britvic a market value of between £771m and £857m.

The company, Britain's second-largest soft drinks business, employs 3,000 staff.

Each will get Britvic shares worth £750 when the flotation takes place.

The recipients include about 50 staff at Britvic's Pennine Spring bottled water plant at Willow Lane, Birkby.

Britvic bought the business from soft drinks firm Ben Shaws a year ago.

The water is bottled from a spring at the Willow Lane site and distributed via its depot at Lowfields, Elland.

As part of the flotation, Britvic's three major shareholders - InterContinental Hotels, Whitbread and Pernod Ricard - will sell 153m shares or 71% of the total issued share capital. Smaller shareholder PepsiCo will retain its 5% stake.

Along with Pennine Spring, Britvic makes Robinsons, Tango, J20 and Fruit Shoot as well as producing and marketing Pepsi and 7Up on behalf of PepsiCo.