14th Jul 2009 14:12
FOR IMMEDIATE RELEASE |
14 July 2009 |
Not for release, publication, or distribution, directly or indirectly, in or into the United States, Canada, Australiaor Japan or in any jurisdiction in which the same would be unlawful.
MELROSE RESOURCES PLC ("the Company")
Completion of placing
Further to the Company's earlier announcement in respect of its intention to raise £11.2 million before expenses, Melrose Resources plc is pleased to announce the completion of the placing of 4,485,365 new ordinary shares of 10p each ("Placing Shares") at a price of 250 pence per share ("Placing").
For further information please contact:
Melrose Resources plc Alasdair Robinson |
0131 221 3360 |
Buchanan Communications Limited Ben Willey Ben Romney |
020 7466 5000 |
Oriel Securities Limited David Arch Michael Shaw Gareth Price |
020 7710 7600 |
Brewin Dolphin Alexander Dewar |
0845 213 2076 |
or visit www.melroseresources.com
Important Notice
Oriel Securities, which is authorised and regulated by the FSA in the United Kingdom, is acting exclusively for the Company as Joint Bookrunner in connection with the Placing and admission and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the Placing or any other matters referred to in this announcement.
Brewin Dolphin, which is authorised and regulated by the FSA in the United Kingdom, is acting exclusively for the Company as Joint Bookrunner in connection with the Placing and admission and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the Placing or any other matters referred to in this announcement.
The distribution of this announcement and/or issue of Placing Shares pursuant to the Placing or otherwise in certain jurisdictions outside the United Kingdom may be restricted by law. Persons who seek to participate in the Placing must inform themselves about and observe any such restrictions. In particular, this announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for Placing Shares in the United States, Canada, Australia, Japan, South Africa, New Zealand or the Republic of Ireland or any other jurisdiction in which such offer or solicitation, publication or distribution is or would be unlawful.
The Placing Shares have not been and will not be registered under the US Securities Act of 1933, as amended ("US Securities Act") or under the securities laws of any state or other jurisdiction of the United States, and, subject to certain exceptions, may not be offered or sold, resold or delivered, directly or indirectly in or into the United States, or to, or for the account or benefit of, any US persons (as defined in Regulation S under the US Securities Act). No public offering of the Placing Shares is being made in the United States. No money, securities or other consideration from any person inside the United States is being solicited pursuant to this announcement or the Placing.
Related Shares:
Management Resource Solutions