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Conversion Price Adjustment

6th Feb 2009 07:00

RNS Number : 9004M
Peter Hambro Mining PLC
06 February 2009
 



6 February 2009

PETER HAMBRO MINING PLC

ADJUSTMENT TO CONVERSION PRICE OF 

THE US$140 MILLION 7.125 PER CENT GUARANTEED 

CONVERTIBLE BONDS DUE 2010 (ISIN: XS0224133099)

Further to the results of placing announcement by Peter Hambro Mining Plc ("PHM" or the "Company") earlier today which included details of an adjustment to the conversion price of the US$140 million 7.125% convertible bonds due August 2010 ("Convertible Bonds"), there is an amendment to the adjusted conversion price. Due to the rounding down clause 6(g) set out in the Convertible Bonds prospectus dated 11 August 2005, the adjusted conversion price is 724.0p instead of 724.8p.

Enquiries to:

Peter Hambro Mining +44 (0) 207 201 8900

Alya Samokhvalova

Rachel Tuft

JPMorgan Cazenove +44 (0) 207 588 2828

Ian Hannam

Patrick Magee

Joe Seifert

Merlin +44 (0) 207 653 6620

David Simonson

Tom Randell

This information is provided by RNS
The company news service from the London Stock Exchange
 
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