26th Sep 2005 10:35
Aberdeen Asset Management PLC26 September 2005 Not for release, publication or distribution in whole or in part, directly orindirectly, in or into, Canada, Japan, New Zealand, South Africa or the Republicof Ireland Aberdeen Asset Management PLC Successful placement of Rights Issue rump Following today's earlier announcement, the remaining 13,196,439 New OrdinaryShares for which valid acceptances were not received have been subscribed at aprice of 105.5 pence per share. The net proceeds of the subscription of such shares, after deduction of theRights Issue Price of 63 pence and the expenses of procuring subscribers, willbe paid to Qualifying Shareholders who have not taken up their entitlements, prorata to the relevant lapsed provisional allotments, save that amounts of lessthan £5.00 per holding will be retained for the benefit of the Company. The New Ordinary Shares issued pursuant to the Rights Issue have been creditedto CREST stock accounts in uncertificated form today and it is expected thatdefinitive share certificates for the New Ordinary Shares will be delivered by 3October 2005. Definitions used in the Circular to Shareholders and Prospectus of the Companyboth dated 12 August 2005 shall have the same meanings when used in thisannouncement, unless the context requires otherwise. All references to times inthis announcement are to London time. For further information, please contact: Maitland 020 7379 5151Michelle Jeffery JPMorgan Cazenove 020 7588 2828John PaynterIan HannamRichard LockeJames Wood-Collins This announcement does not constitute an offer to sell or the solicitation of anoffer to acquire New Ordinary Shares or to take up entitlements to Nil PaidRights. JPMorgan Cazenove Limited ('JPMorgan Cazenove') which is authorised andregulated in the United Kingdom by the Financial Services Authority is actingexclusively for the Company in connection with the Proposals and not for anyother person and will not be responsible to any other person for providing theprotections afforded to customers of JPMorgan Cazenove or for providing advicein relation to the Proposals, the contents of this announcement and thedocuments or arrangements referred to therein. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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