25th Jan 2006 11:32
Mapeley Limited25 January 2006 25 January 2006 THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, OR INTO,THE UNITED STATES, DIRECTLY OR INDIRECTLY, CANADA, JAPAN OR AUSTRALIA. Mapeley Limited announces exercise of over-allotment option Mapeley Limited (the "Company") announces that, in connection with the placingof new ordinary shares (the "Placing"), Deutsche Bank AG has today exercised theover-allotment option in respect of 366,972 ordinary shares in the Company (the"Over-allotment Shares"). The Over-allotment Shares have been placed with institutional and certain otherinvestors at the price of £27.25 per Over-allotment Share (the "Placing Price"),raising additional gross proceeds for the Company of approximately £10.0million. Based on the Placing Price, the market capitalisation of the Company on the dateof admission of the new ordinary shares (including the Over-allotment Shares) tothe official list of the FSA and to trading on the London Stock Exchange("Admission") will be approximately £722.2 million. Including the exercise of the over-allotment option, the total size of thePlacing is £110.0 million (approximately 4.0 million ordinary shares, in totalrepresenting 15.2 per cent. of the 26.5 million ordinary shares of the Companyin issue on Admission). It is expected that admission of the new ordinary shares to the Official List ofthe Financial Services Authority will become effective, and that dealings of thenew ordinary shares on the London Stock Exchange will commence at 8:00 a.m. on27 January 2006. The Placing is only being made available (i) in the UK and elsewhere outside theUS, to institutional investors and certain sophisticated investors in relianceon Regulation S, and (ii) in the US to qualified institutional buyers (inreliance upon Rule 144A or another exemption from, or transaction not subjectto, the registration requirements of the Securities Act). This announcement is not for release, publication or distribution, directly orindirectly, in whole or in part, in or into the United States (including itsterritories and possessions, any state of the United States and the District ofColumbia), Australia, Canada or Japan. This announcement is not an offer ofsecurities for sale into the United States or in any jurisdiction in which suchan offer or solicitation is unlawful. Ordinary Shares have not been and will notbe registered under the US Securities Act of 1933 as amended (the "SecuritiesAct"), or under any relevant securities laws of any state or other jurisdictionof the United States and may not be offered, directly or indirectly, in theUnited States, absent registration or an applicable exemption from theregistration requirements of the Securities Act and in compliance with statesecurities laws. There will be no public offer of Ordinary Shares in the UnitedStates and there will be no offering of Ordinary Shares in or into Australia,Canada or Japan or in any country, territory or possession where to do so maycontravene local securities laws or regulations. Deutsche Bank AG is authorised by Bundesanstalt furFinanzdienstleistungsaufsicht ("BaFin"). Deutsche Bank AG, Lehman BrothersInternational (Europe) and Merrill Lynch International are authorised by theFinancial Services Authority and regulated by the Financial Services Authorityfor the conduct of UK business. Deutsche Bank AG, Lehman Brothers International(Europe) and Merrill Lynch International, are acting for the Company and no oneelse in connection with the Placing and they will not regard any other person astheir respective clients in relation to the Placing and will not be responsibleto any other person for providing the protections afforded to their respectiveclients or for providing advice in relation to the Placing or any othertransaction or arrangement referred to, or information contained in thisannouncement. This announcement does not constitute or form part of an offer for sale orsubscription of, or any solicitation of an offer to purchase or subscribe for,securities in any jurisdiction, including the United States. Any purchase of orsubscription or application for shares in the Placing should only be made on thebasis of information contained in the prospectus dated 24 January 2006 issued inconnection with the Placing. The prospectus contains certain detailedinformation about the Company and its management, as well as financialstatements and other financial data. This announcement does not constitute arecommendation concerning the Placing. The price and value of, and income from,shares may go down as well as up. Persons needing advice should consult aprofessional adviser. Past performance is not a guide to future performance. Stabilisation/FSA - ENDS - This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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