16th Nov 2005 08:05
SThree plc16 November 2005 Embargoed until 0800 16 November 2005 THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN This document is an advertisement and not a prospectus. Investors should not purchase any Ordinary Shares referred to in this announcement except on the basis of information in the prospectus. SThree plc ("SThree" or the "Group") Admission to Official List and commencement of unconditional dealings on the Main Market of the London Stock Exchange SThree, one of the UK's leading information, communication and technology("ICT") staffing businesses based on turnover, is pleased to announce that itsordinary shares have been admitted to the Official List of the UK ListingAuthority and to trading on the London Stock Exchange's main market for listedsecurities (ticker symbol STHR). Unconditional dealings in SThree's ordinaryshares commenced at 8.00am today. UBS Investment Bank acted as Sponsor, Financial Adviser, Bookrunner and GlobalCo-ordinator of the Global Offer. Investec Bank (UK) Limited and OrielSecurities Limited acted as Co-Lead Managers. - Ends - Enquiries: SThree plc 020 7292 3838Russell Clements, Chief Executive OfficerSunil Wickremeratne, Chief Operating OfficerMichael Nelson, Chief Financial Officer UBS 020 7567 8000Jim Renwick / Russell Chambers Weber Shandwick Square Mile 020 7067 0700Kevin Smith / John Coles Print resolution images are available for the media to view and download fromwww.vismedia.co.uk Notes to editors SThree, founded in 1986, is one of the leading ICT staffing businesses in the UKbased on turnover. SThree provides both permanent and contract specialiststaffing services in the UK and Europe, primarily in the ICT sector and, to anincreasing extent in the UK, the banking and finance, accountancy, humanresources and engineering sectors. SThree currently operates under 12 brands,the 3 largest by turnover being Computer Futures, Progressive and Huxley, andhas 30 offices in the UK and 8 offices in Europe, in Belgium, The Netherlands,France, Germany and Ireland. SThree has a selective approach to clients and focuses on high marginopportunities, predominantly within the small to medium-sized enterprises("SME") market, which SThree defines as including autonomous divisions of largecorporates. SThree does not pursue a high volume/low margin model. SThree has adiverse, international client list of over 4,000 clients, comprising primarilySMEs. Following the establishment of its first brand, Computer Futures, in 1986,SThree adopted a multi-brand strategy, establishing new operations to addressgrowth opportunities. These new brands have typically been created out of one ofSThree's existing businesses and are an important means of retaining highperforming key employees who are often given the opportunity to acquire aminority equity stake in the new business. These materials are not for distribution, directly or indirectly, in or into theUnited States, Australia, Canada or Japan. This document does not constitute anoffer of securities for sale in the United States, nor may the securities beoffered or sold in the United States absent registration or an exemption fromregistration as provided in the US Securities Act of 1933, and the rules andregulations thereunder. No securities are being registered for offer or sale inthe United States and no public offering of the securities in the United Stateswill be made. The information contained herein does not constitute an offer to sell or thesolicitation of an offer to buy nor shall there by any sale of the securitiesreferred to herein in any jurisdiction in which such offer, solicitation or salewould be unlawful prior to registration, exemption of registration orqualification under the securities laws of any such jurisdiction. The price and value of the securities referred to herein my go up as well asdown. Persons needing advice should consult a professional adviser. Some of the information in this press release may contain projections or otherforward-looking statements regarding future events or the future financialperformance of SThree. You can identify forward looking statements by terms suchas "expect," "believe," "anticipate," "estimate," "intend," "will," "could,""may" or "might" or the negative of such terms or other similar expressions. Wewish to caution you that these statements are only predictions and that actualevents or results may differ materially. We do not intend to update thesestatements to reflect events and circumstances occurring after the date hereofor to reflect the occurrence of unanticipated events. Many factors could causethe actual results to differ materially from those contained in our projectionsor forward-looking statements, including, among others, general economicconditions, our competitive environment, as well as many other risksspecifically related to SThree and its operations. This document, which has been issued by SThree and is the sole responsibility ofSThree, has been approved solely for the purposes of Section 21 of the FinancialServices and Markets Act 2000 of the United Kingdom by UBS Limited of 1 FinsburyAvenue, London EC2M 2PP. UBS Limited is acting exclusively for SThree in relation to the Global Offer andno one else and will not be responsible to anyone other than SThree forproviding the protections afforded to clients of UBS Limited nor for providingany advice in relation to the Global Offer, the contents of this announcement orany other matter referred to herein. Investec Bank (UK) Limited and Oriel Securities Limited, each of which isauthorised and regulated in the United Kingdom by the Financial ServicesAuthority, are advising SThree in relation to the Global Offer and no one elseand will not be responsible to anyone other than SThree for providing theprotections afforded to the customers of Investec Bank (UK) Limited and OrielSecurities Limited nor for providing any advice in relation to the Global Offeror any other matter referred to herein Copies of the prospectus are available from the Company's registered office andUBS Limited, 1 Finsbury Avenue, London EC2M 2PP. In connection with the Global Offer, UBS Limited as stabilising manager (the"Stabilising Manager") may effect transactions with a view to supporting themarket price of the Ordinary Shares of the Company at a level higher than thatwhich might otherwise prevail. Such transactions may commence on or after thepublication of the Offer Price and will end no later than 30 days thereafter.However, there is no obligation on the Stabilising Manager to do this. Suchtransactions may be effected on the London Stock Exchange, the over the countermarket or otherwise. There is no assurance that such transactions will beundertaken and, if commenced, they may be discontinued at any time. Save asrequired by law, the Stabilising Manager does not intend to disclose the extentof any over-allotments and/or stabilisation transactions under the Global Offer. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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