Publication of Offering Circular (5483H)
May 31 2011 - 7:15AM
UK Regulatory
TIDMDLN
RNS Number : 5483H
Derwent London PLC
31 May 2011
Derwent London plc (the "Company") 31 May 2011
Publication of Offering Circular
The following offering circular has been approved by the UK
Listing Authority and is available for viewing:
Offering circular dated 27 May 2011 (the "Offering Circular")
relating to the issue by Derwent London Capital (Jersey) Limited of
GBP175,000,000 2.75 per cent. guaranteed convertible bonds due
2016, convertible into ordinary shares in the capital of Derwent
London plc.
To view the full document, please paste the following URL into
the address bar of your browser:
http://www.rns-pdf.londonstockexchange.com/rns/5483H_-2011-5-31.pdf
or go to the investors section of the Company's website -
www.derwentlondon.com.
For further information, please contact
Derwent London plc John Burns, Chief Executive Officer
Tel: +44 (0)20 7659 3000 Damian Wisniewski, Finance Director
About Derwent London plc
Derwent London plc is the largest central London focused REIT
with an investment portfolio of GBP2.4bn as at 31 December 2010.
The Group is one of London's most innovative office specialist
property regenerators and investors and is well known for its
established design-led philosophy and creative management approach
to development.
Derwent London's core strategy is to acquire and own a portfolio
of central London property that has reversionary rents and
significant opportunities to enhance and extract value through
refurbishment, regeneration and redevelopment. The Group owns and
manages an investment portfolio of 5.4 million sq ft (500,000m(2)
), as at 31 December 2010, of which 95% is located in central
London, with a specific focus on the West End and the areas
bordering the City of London. Landmark schemes by Derwent London
include Angel Building EC1, Arup Phases II & III W1, Qube W1,
Horseferry House SW1, Johnson Building EC1, Davidson Building WC2
and Tea Building E1.
Derwent London came first in the property sector in the 2010
awards for 'Britain's Most Admired Companies'.
DISCLAIMER
This announcement does not constitute or form part of an offer
to sell or the solicitation of an offer to subscribe for or
otherwise acquire any securities in the United States or in any
other jurisdiction. This announcement is not for distribution,
directly or indirectly in or into the United States (as defined in
Regulation S under the US Securities Act of 1933, as amended (the
"Securities Act")). The securities referred to herein have not been
and will not be registered under the Securities Act and may not be
offered or sold within the United States except pursuant to an
exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act.
This communication is directed only at persons who (i) are
outside the United Kingdom or (ii) have professional experience in
matters relating to investments falling within Article 19(5) of The
Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (the "Order") or (iii) are persons falling within Article 49
2(a) to (d) of the Order (all such persons together being referred
to as "relevant persons"). This communication must not be read,
acted on or relied on by persons who are not relevant persons. Any
investment or investment activity to which this communication
relates is available only to relevant persons and will be engaged
in only with relevant persons.
Please note that the information contained in the Offering
Circular may be addressed to and/or targeted at persons who are
residents of particular countries (specified in the Offering
Circular) only and is not intended for use and should not be relied
upon by any person outside these countries and/or to whom the offer
contained in the Offering Circular is not addressed. Prior to
relying on the information contained in the Offering Circular you
must ascertain from the Offering Circular whether or not you are
part of the intended addressees of the information contained
therein.
Your right to access this service is conditional upon complying
with the above requirement.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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