19th Aug 2009 07:00
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, HONG KONG, SWITZERLAND OR SOUTH AFRICA
This announcement does not constitute or form part of any offer or invitation to purchase, otherwise acquire, subscribe for, sell, otherwise dispose of or issue, or any solicitation of any offer to sell, otherwise dispose of, issue, purchase, otherwise acquire or subscribe for, any security. The availability of the Rights Issue to persons not resident in the United Kingdom may be affected by the laws of the relevant jurisdictions. Such persons should inform themselves about and observe any applicable requirements. If you are in any doubt about any matters in this announcement you should take your own advice from someone independent and duly authorised to give this advice.
19 August 2009
For Immediate Release
Rexam PLC ("Rexam")
Notification of Directors' and PDMRs' dealings in
Rights Issue Shares
Rexam, the global consumer packaging company, today announces that under the terms of the 4 for 11 Rights Issue announced on 29 July 2009 (the "Rights Issue"), the directors and PDMRs directly or through a connected person have subscribed for and been allotted in full Rights Issue Shares pursuant to their beneficial shareholdings in Rexam ordinary shares of 64 2/7 pence each. The Rights Issue Shares subscribed for by the directors and PDMRs at 150 pence per Rights Issue Share represent 0.05 per cent of the total number of Rights Issue Shares offered to Shareholders.
|
Directors |
Rights Issue Shares |
Number of Shares following the Rights Issue |
|
Graham Chipchase |
21,998 |
82,493 |
|
Noreen Doyle |
2,229 |
8,360 |
|
Peter Ellwood |
15,322 |
57,460 |
|
John Langston |
1,090 |
4,090 |
|
Wolfgang Meusburger |
3,276 |
12,276 |
|
David Robbie |
6,261 |
23,479 |
|
Jean-Pierre Rodier |
2,181 |
8,181 |
|
Carl Symon |
5,636 |
21,136 |
|
Leslie Van de Walle |
20,426 |
76,599 |
|
PDMRs |
||
|
Roger Bellis |
200 |
750 |
|
David Gibson |
45,890 |
172,091 |
Further information on the Rights Issue is available on the Company's website at www.rexam.com.
Enquiries:
Rexam PLC +44 (0) 20 7227 4100
Sandra Moura, Head of Investor Relations
Jennifer Smith, Deputy Company Secretary
Citi +44 (0) 20 7986 4000
Nigel Mills/Charles Lytle
RBS Hoare Govett +44 (0) 20 7678 8000
Neil Collingridge
Greenhill +44 (0) 20 7198 7400
James Lupton
Financial Dynamics +44 (0) 20 7269 7291
Andrew Lorenz/Susanne Yule
Terms defined in the prospectus published on 29 July 2009 in connection with the Rights Issue have the same meaning in this announcement.
Citigroup Global Markets Limited, Citigroup Global Markets U.K. Equity Limited, RBS Hoare Govett Limited, Greenhill & Co. International LLP, Barclays Bank PLC, BNP Paribas, HSBC Bank plc and Lloyds TSB Bank plc, each of which is authorised and regulated in the United Kingdom by the FSA, and Société Générale Corporate & Investment Banking, which is authorised by the Banque de France and regulated in the United Kingdom by the FSA, are each acting exclusively for the Company and no one else in connection with the Rights Issue and will not regard any other person as a client in relation to the Rights Issue and will not be responsible to anyone other than the Company for providing the protections afforded their respective clients, or for providing advice to any such person on the contents of the Prospectus or this announcement or any transaction referred to in the Prospectus or this announcement.
Each of Citi, RBS Hoare Govett, Greenhill, Barclays, BNP Paribas, HSBC, Lloyds TSB and Société Générale Corporate & Investment Banking and each of their respective directors, officers, employees, advisers or any of their respective affiliates, accept(s) no responsibility whatsoever for, and makes no representation or warranty, express or implied, in relation to, the contents of this announcement (including, but not limited to, its accuracy, fairness, sufficiency, completeness or verification) or any other opinion or statement made or purported to be made by any of them, or on their behalf, in connection with the Company, the securities or the Rights Issue and nothing in this document shall be relied upon as a promise or representation in this respect, whether as to the past or the future. Citi, RBS Hoare Govett, Greenhill Barclays, BNP Paribas, HSBC, Lloyds TSB and Société Générale Corporate & Investment Banking and each of their respective directors, officers, employees, advisers or any of their respective affiliates, parent undertakings, subsidiary undertakings or subsidiaries of their parent undertakings accordingly disclaims to the fullest extent permitted by law all and any responsibility and liability, whether arising in tort, contract or otherwise, howsoever arising, directly or indirectly, in respect of this announcement or any such opinion or statement.
This announcement is an advertisement and does not constitute a prospectus. Nothing in this announcement should be interpreted as a term or condition of the Rights Issue. Any decision to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any Rights Issue Shares must be made only on the basis of the information contained in and incorporated by reference into the Prospectus.
None of the securities referred to in this announcement have been or will be registered under the US Securities Act 1933, as amended, or under the applicable securities laws of any state or territory of the United States. Accordingly, unless a relevant exemption from such requirements is available, such securities may not be offered, sold, taken up, renounced or delivered, directly or indirectly, within the United States. There will be no public offer of securities in the United States.
The distribution of this announcement and/or the Prospectus and /or the transfer of Rights Issue Shares into jurisdictions other than the United Kingdom may be restricted by law. Persons into whose possession this announcement comes 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.
Neither the content of the Company's website nor any website accessible by hyperlinks on the Company's website is incorporated in, or forms part of, this announcement.
This announcement has been prepared for the purposes of complying with applicable law and regulation in the United Kingdom (DTR 3.1.4R (1) ) and the information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws and regulations of any jurisdiction outside the United Kingdom.
Related Shares:
REX.L