27th Feb 2007 08:15
McInerney Holdings PLC27 February 2007 McInerney Holdings plc 27 February 2007 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY ORINDIRECTLY IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN McInerney Holdings plc ('McInerney' or the 'Company') Admission of Nil Paid Rights For Immediate Release 27 February 2007 Further to the Rights Issue announced on 26 February 2007, McInerney Holdingsplc announces that, in accordance with the Prospectus dated 26 February 2007,admission of the New Ordinary Shares to the Official List of the Irish StockExchange and the Official List of the UK Listing Authority and to trading on themain markets for listed securities of the Irish Stock Exchange and the LondonStock Exchange became effective and that dealings commenced, nil paid, in theNew Ordinary Shares at 8.00 a.m. today. The latest time and date for acceptanceand payment in full under the Rights Issue is 11.00 a.m. on 20 March 2007. The Prospectus is being made available to the public in Ireland and the UnitedKingdom in accordance with Part 8 of the Prospectus (Directive 2003/71/EC)Regulations 2005 (SI No. 324 of 2005) by the same being made available inprinted form until 11.00 a.m. on the 20 March 2007, being the latest time anddate for acceptance of the Rights Issue, free of charge, at the Company'sregistered office and at the registered office of The Governor and Company ofthe Bank of Ireland and in electronic form on the Company's website(www.mcinerney.ie). Definitions used in the Prospectus dated 26 February 2007 shall have the samemeanings when used in this announcement, unless the context requires otherwise. Enquiries: Telephone: +353 1 637 7800 IBI Corporate Finance Limited Tom Godfrey Brian Farrell Media: Weber Shandwick Siobhan Molloy +353 1 676 0168 +353 86 817 5066 The Directors of McInerney have taken all reasonable care to ensure that theinformation contained in this announcement is, to the best of their knowledge,in accordance with the facts and contains no omission likely to affect theimport of such information. IBI Corporate Finance Limited, a subsidiary of The Governor and Company of theBank of Ireland (which is regulated in Ireland by the Financial Regulator), isacting exclusively for McInerney, as sponsor and financial adviser in relationto the Rights Issue and no one else in relation to the Rights Issue and will notbe responsible to anyone other than the Company for providing the protectionsafforded to clients of IBI Corporate Finance Limited or for advising any otherperson in relation to the Rights Issue or any other matter referred to in thisannouncement. The Governor and Company of the Bank of Ireland which is regulated in Ireland bythe Financial Regulator, is acting exclusively for McInerney, as underwriter inrelation to the Rights Issue and no one else in relation to the Rights Issue andwill not be responsible to anyone other than the Company for providing theprotections afforded to clients of The Governor and Company of the Bank ofIreland or for advising any other person in relation to the Rights Issue or anyother matter referred to in this announcement. This announcement is not for release, publication or distribution, directly orindirectly, in whole or in part, in or into the United States (including itsterritories and possessions, any state of the United States and the District ofColumbia). This announcement is not an offer of securities for sale into theUnited States or in any jurisdiction in which such an offer or solicitation isunlawful. The securities referred to in this announcement have not been and willnot be registered under the US Securities Act of 1933, as amended, and may notbe offered or sold in the United States, absent registration or an applicableexemption from registration. No public offering of the securities will be madein the United States. This announcement does not constitute or form part of any offer or invitation tosell or issue, or any solicitation of any offer to purchase or subscribe for,the Nil Paid Rights, the Fully Paid Rights or the New Ordinary Shares beingissued in connection with the Rights Issue, in any jurisdiction or in anycircumstances in which such offer or solicitation is unlawful. The Nil PaidRights, the Fully Paid Rights, the New Ordinary Shares and the ProvisionalAllotment Letters have not been, and will not be, registered under theapplicable securities laws of Canada, Australia or Japan. Accordingly, unless anexemption under any applicable laws is available, the Nil Paid Rights, the FullyPaid Rights, the New Ordinary Shares and the Provisional Allotment Letters maynot be offered, sold, transferred, taken up or delivered, directly orindirectly, in Canada, Australia or Japan or any other country outside Irelandor the United Kingdom where such distribution may otherwise lead to a breach ofany law or regulatory requirement. Prices and values of, and income from, shares may go down as well as up and aninvestor may not get back the amount invested. It should be noted that pastperformance is no guide to future performance. Persons needing advice shouldconsult an independent financial adviser. Certain statements made in this announcement constitute forward-lookingstatements. Such statements are based on current expectations and, by theirnature, are subject to a number of risks and uncertainties that could causeactual results and performance to differ materially from any expected futureresults or performance expressed or implied by the forward-looking statement.Furthermore, these forward-looking statements speak only as of the date of thisannouncement. The information and opinions contained in this announcement are subject tochange without notice and the Company assumes no responsibility or obligation toupdate publicly or review any of the forward-looking statements containedherein. This announcement has been issued through the Companies Announcement Service of The Irish Stock Exchange This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Medcaw Investm.