12th Apr 2006 11:19
Guinness Peat Group PLC12 April 2006 Guinness Peat Group plc COMPANY ANNOUNCEMENT ALLOTMENT OF 51,000,000 SHARES This announcement is not for release, distribution or publication, whetherdirectly or indirectly and whether in whole or in part, into or in the UnitedStates, Canada and Japan, and it does not constitute an offer of securities forsale into any of those jurisdictions. Placement of ordinary shares Further to the announcements made on 6 April 2006, Guinness Peat Group plc("GPG") announces that it has today allotted 51,000,000 ordinary shares of 5peach ("Shares") at an issue price of NZ$2.60 per share pursuant to theplacement. Of this number, 18,535,000 Shares will initially be registered on the Australianregister in the form of CDIs. GPG has applied for admission of the Shares to the Official List of the UKListing Authority and for admission to trading on the London Stock Exchange's ("LSE") main market for listed securities. Application has also been made forquotation of the shares on the Australian Stock Exchange ("ASX") in CDI form.The Shares will be freely tradable on the New Zealand Stock Exchange ("NZSX") onadvice being given to New Zealand Exchange Limited that the shares have beenissued. It is expected that listing of the Shares by the UKLA and admission totrading on the LSE will take place on 13 April 2006. Trading on the ASX andNZSX is expected to commence on 18 April 2006. Goldman Sachs JBWere (NZ) Limited is the lead manager and sole book runner forthe Placement. JR Russell Company Secretary 12 April 2006 For queries please contact: New Zealand: Tony Gibbs (Director) Tel: 0064 9 379 8888 Australia: Gary Weiss (Director) Tel: 00 612 8298 4300 London: Blake Nixon: (Director) Tel: 020 7484 3370 The Shares have not been and will not be registered under the US Securities Actof 1933, as amended (the "US Securities Act") and may not be offered or sold inthe United States absent registration or exemption from registration under theUS Securities Act. There will be no public offering of the Shares (or any othersecurities) in the United States. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Coats