TIDMLONR
RNS Number : 8951T
Lonrho PLC
13 December 2011
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT IS NOT FOR
RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN
WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA,
JAPAN AND THE REPUBLIC OF SOUTH AFRICA AND SHOULD NOT BE
DISTRIBUTED IN, FORWARDED TO OR TRANSMITTED INTO ANY JURISDICTION
WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF LOCAL APPLICABLE
SECURITIES LAWS OR REGULATIONS.
THIS ANNOUNCEMENT IS AN ADVERTISEMENT. IT IS NOT A PROSPECTUS.
INVESTORS SHOULD NOT SUBSCRIBE FOR OR PURCHASE ANY SHARES REFERRED
TO IN THIS ANNOUNCEMENT EXCEPT SOLELY ON THE BASIS OF INFORMATION
IN THE PROSPECTUS and incorporated by reference into the
prospectus.
THE SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES
UNLESS REGISTERED UNDER THE US SECURITIES ACT OR PURSUANT TO AN
EXEMPTION FROM SUCH REGISTRATION. NO PUBLIC OFFERING OF THE
SECURITIES DISCUSSED HEREIN IS BEING MADE IN THE UNITED STATES. THE
INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFERING OF
SECURITIES FOR SALE IN THE UNITED STATES AND THE COMPANY DOES NOT
CURRENTLY INTEND TO REGISTER ANY SECURITIES UNDER THE US SECURITIES
ACT.
the defined terms set out in the announcement released earlier
today apply in this announcement.
13 December 2011
Lonrho Plc
Publication of Prospectus
Further to the announcement by Lonrho Plc ("Lonrho" or the
"Company") earlier today that it is proposing to raise gross
proceeds of GBP26.9 million through a firm placing and placing and
open offer involving the issue of 269,498,795 New Ordinary Shares
at an issue price of 10 pence per New Ordinary Share (the "Capital
Raising"), the Company announces that a prospectus dated 13
December 2011 relating to the Capital Raising (the "Prospectus")
has been approved by the UK Listing Authority.
Qualifying Shareholders (other than Excluded Shareholders) who
have previously agreed to receive shareholder documentation via the
Company's website should access the Prospectus from www.lonrho.com.
The Prospectus will be posted to other Qualifying Shareholders
(other than Excluded Shareholders) today. Copies will be available
from the registered office of Lonrho at Level 2, 25 Berkeley
Square, London W1J 6HB, and, other than in respect of certain
jurisdictions, on the Company's website (www.lonrho.com) and
available for inspection during normal business hours on any
weekday (Saturdays, Sundays and public holidays excluded) at the
offices of Panmure Gordon (UK) Limited at Moorgate Hall, 155
Moorgate, London EC2M 6XB.
In addition, the Prospectus has been submitted to the National
Storage Mechanism and will be available for inspection at
www.hemscott.com/nsm.do.
Enquiries
Lonrho Plc +44 (0) 20 7016 5105
David Lenigas
Geoffrey White
David Armstrong
Panmure Gordon +44 (0) 20 7459 3600
Tim Linacre
Dominic Morley
Adam Pollock
Hannah Woodley
Pelham Bell Pottinger +44 (0) 20 7861 3232
Gavin Davis
Charles Goodwin
Charlie Harrison
Important Notice
This Announcement is not a prospectus but an advertisement and
investors should not acquire any New Ordinary Shares referred to in
this Announcement except on the basis of the information contained
in the Prospectus and incorporated by reference into the
Prospectus.
Neither the content of Lonrho's website nor any website
accessible by hyperlinks to Lonrho's website is incorporated in, or
forms part of, this Announcement. The distribution of this
Announcement, the Prospectus and any other documentation associated
with the Capital Raising into jurisdictions other than the United
Kingdom may be restricted by law. Persons into whose possession
these documents come should inform themselves about and observe any
such restrictions. Any failure to comply with these restrictions
may constitute a violation of the securities laws of any such
jurisdiction. In particular, such documents should not be
distributed, forwarded to or transmitted, directly or indirectly,
in whole or in part, in or into any Prohibited Territory.
No action has been taken by Lonrho or any other person that
would permit an offer of the New Ordinary Shares or possession or
distribution of this Announcement, the Prospectus or any other
documentation or publicity material or the Application Forms in any
jurisdiction where action for that purpose is required, other than
in the United Kingdom.
The New Ordinary Shares are being offered and sold outside the
US in reliance on Regulation S under the US Securities Act. The New
Ordinary Shares have not been approved or disapproved by the US
Securities and Exchange Commission, any state securities commission
in the US or any other US regulatory authority, nor have any of the
foregoing authorities passed upon or endorsed the merits of the
offering of the New Ordinary Shares or the accuracy or adequacy of
the Prospectus or this document. Any representation to the contrary
is a criminal offence in the US.
The New Ordinary Shares have not been and will not be registered
under the relevant laws of any state, province or territory of any
of the Prohibited Territories and may not be offered, sold, resold,
taken up, transferred, delivered or distributed, directly or
indirectly, within any Prohibited Territory except pursuant to an
applicable exemption from registration requirements. There will be
no public offer of New Ordinary Shares in any Prohibited
Territory.
This Announcement is for information purposes only and does not
constitute or form part of any offer to issue or sell, or the
solicitation of an offer to acquire, purchase or subscribe for, any
securities in any jurisdiction and should not be relied upon in
connection with any decision to subscribe for or acquire any of the
New Ordinary Shares. In particular, this Announcement does not
constitute or form part of any offer to issue or sell, or the
solicitation of an offer to acquire, purchase or subscribe for, any
securities in the United States.
This Announcement has been issued by, and is the sole
responsibility of, the Company. No person has been authorised to
give any information or to make any representations other than
those contained in this Announcement and, if given or made, such
information or representations must not be relied on as having been
authorised by Lonrho or Panmure Gordon. Subject to the Listing
Rules, the Prospectus Rules and the Disclosure and Transparency
Rules, the issue of this Announcement shall not, in any
circumstances, create any implication that there has been no change
in the affairs of the Group since the date of this Announcement or
that the information contained in it is correct at any subsequent
date.
Panmure Gordon, who is authorised and regulated in the UK by the
Financial Services Authority, is acting for Lonrho and no one else
in connection with the Capital Raising and will not regard any
other person (whether or not a recipient of this Announcement) as a
client in relation to the Capital Raising and will not be
responsible to anyone other than Lonrho for providing the
protections afforded to its clients or for providing advice in
relation to the Capital Raising or any matters referred to in this
Announcement.
Apart from the responsibilities and liabilities, if any, which
may be imposed on Panmure Gordon by the Financial Services and
Markets Act 2000, Panmure Gordon does not accept any responsibility
whatsoever for the contents of this Announcement, and makes no
representation or warranty, express or implied, for the contents of
this Announcement, including its accuracy, completeness or
verification, or for any other statement made or purported to be
made by it, or on its behalf, in connection with Lonrho or the New
Ordinary Shares or the Capital Raising, and nothing in this
Announcement is or shall be relied upon as, a promise or
representation in this respect whether as to the past or future.
Panmure Gordon accordingly disclaims to the fullest extent
permitted by law all and any liability whether arising in tort,
contract or otherwise (save as referred to above) which it might
otherwise have in respect of this Announcement or any such
statement.
This document should not be considered a recommendation by the
Company, Panmure Gordon or any of their respective directors,
officers, employees, advisers or any of their respective
affiliates, parent undertakings, subsidiary undertakings or
subsidiaries of their parent undertakings in relation to any
purchase of or subscription for the New Ordinary Shares. Price and
volumes of, and income from, securities may go down as well as up
and an investor may not get back the amount invested. It should be
noted that past performance is no guide to future performance. You
are advised to read this document and the Prospectus and the
information incorporated by reference therein, in their entirety
for a further discussion of the factors that could affect the
Group's future performance and the industry in which it operates.
Persons needing advice should consult an independent financial
adviser.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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