10th Dec 2007 15:50
Randgold Resources Ld10 December 2007 This announcement is not for release, publication or distribution, directly orindirectly, in or into the United States, Canada, South Africa, Australia, Japanor any jurisdiction in which the same would be unlawful. This announcement isnot an offer of securities in the United States, Canada, South Africa,Australia, Japan or any jurisdiction in which the same would be unlawful. RANDGOLD RESOURCES LIMITEDIncorporated in Jersey, Channel IslandsReg. No. 62686LSE Trading Symbol: RRSNasdaq Trading Symbol: GOLD("Randgold Resources" or the "Company") EXERCISE OF OVER-ALLOTMENT OPTION London, 10 December 2007 (LSE: RRS) (Nasdaq: GOLD) - The board of directors ofRandgold Resources (the "Board") today announces that, further to theannouncement made on 29 November 2007 in relation to the global offering of6,000,000 new ordinary shares of US$0.05 each (the "Global Offer") in the formof ordinary shares or American Depositary Shares (the "New Shares"), theunderwriters of the Global Offer have exercised part of the over-allotmentoption granted to them. The Company will issue an additional 821,000 new ordinary shares of US$0.05 eachin the form of ordinary shares or American Depositary Shares (the "Option Shares") at US$35.25 per ordinary share and US$35.25 per American DepositaryShare ("ADS"). Each ADS represents one ordinary share of the Company. The total gross proceeds from the Global Offer, including the over-allotmentoption, are approximately US$240.4 million. The Option Shares will rank pari passu with the existing ordinary shares in allrespects. Application has been made for admission of the Option Shares to listing on theOfficial List maintained by the UK Listing Authority and admission to trading byLondon Stock Exchange plc on its market for listed securities (together, "Admission"). Admission is expected to take place, settlement to occur anddealings in the Option Shares to commence at 8.00 a.m. on 11 December 2007. TheAmerican Depositary Shares will trade on the Nasdaq Global Select Market. HSBC Bank plc ("HSBC") is acting as the financial adviser, sole globalco-ordinator, joint bookrunner and underwriter in connection with the GlobalOffer. Citigroup Global Markets Limited is acting as the joint bookrunner andunderwriter for the Global Offer. HSBC and Citigroup Global Markets Limited(together, the "Representatives") are acting as representatives of certain otherunderwriters. The Company has filed with the US Securities and Exchange Commission aregistration statement on Form F-3 in relation to the New Shares and OptionShares, which document constitutes a prospectus for the purposes of theCompanies (Jersey) (General Provisions) Order 2002 (together with any amendmentsthereto, the "Registration Statement"). Copies of the Registration Statementare available from www.sec.gov. ENQUIRIES: Randgold ResourcesMark Bristow, Chief Executive Tel: +44 7880 711386 +44 7797 752288Graham Shuttleworth, Financial Director Tel: +44 7796 144438 +44 20 7557 7730Kathy du Plessis, Investor & Media Relations Tel: +44 20 7557 7738 Email:[email protected] HSBC Bank plc Tel: +44 20 7991 8888(Financial adviser, sole global co-ordinator, joint bookrunner and underwriter to the Global Offer)Adrian CoatesJan SandersCharles Spencer Citigroup Global Markets Limited Tel: +44 20 7986 4000(Broker, joint bookrunner and underwriter to the Global Offer)Tom Reid Tel: +44 20 7986 0515Andrew Forrester Tel: +44 20 7986 8729 Save as expressly set out, this announcement does not constitute an offer orinvitation to underwrite, subscribe for or otherwise acquire or dispose of anysecurities or investment advice in any jurisdiction. Past performance is noguide to future performance. Persons needing advice should consult anindependent financial adviser. This announcement is not for release, publication or distribution, directly orindirectly, in or into the United States, Canada, South Africa, Australia, Japanor any jurisdiction in which the same would be unlawful. The securities may notbe offered or sold in the United States absent registration or an exemption fromregistration under the US Securities Act of 1933, as amended. Any publicoffering of securities to be made in the United States is being made by means ofthe Company's Registration Statement filed with the US Securities and ExchangeCommission which contains detailed information about the Company and management,as well as financial statements. There will be no public offer of New Shares orOption Shares in the United Kingdom or elsewhere outside the United States. Nomoney, securities or other consideration is being solicited and, if sent inresponse to the information herein, will not be accepted. This announcement is only addressed to and directed at persons in member statesof the European Economic Area ("EEA") who are "qualified investors" ("QualifiedInvestors") within the meaning of Article 2(1)(e) of the EU Prospectus Directive(Directive 2003/71/EC) (the "Prospectus Directive"). Any person in the EEA whoacquires any securities in the Global Offer or to whom any offer of securitiesis made will be deemed to have acknowledged and agreed that they are such aQualified Investor. This announcement has been issued by and is the sole responsibility of theCompany. The Representatives and their respective affiliates and agents shallhave no liability for any information contained in it relating to the Company. HSBC and Citigroup Global Markets Limited, each of which is authorised andregulated in the United Kingdom by the Financial Services Authority, are actingexclusively for the Company and no one else in connection with the Global Offerand will not be responsible to anyone other than the Company for providing theprotections afforded to its clients nor for providing advice in relation to theGlobal Offer or in relation to the contents of this announcement or for anyother transaction, arrangement or matters referred to in this announcement. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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