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Placing & Open Offer timetable

3rd Jun 2011 09:38

RNS Number : 8207H
IP Group PLC
03 June 2011
 



3 June 2011

Placing and Open Offer

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (DIRECTLY OR INDIRECTLY) IN WHOLE OR IN PART IN, INTO, WITHIN OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

ALL TERMS ARE DEFINED AT THE BACK OF THIS ANNOUNCEMENT, UNLESS OTHERWISE DEFINED HEREIN

IP GROUP PLC

Proposed Placing and Open Offer - Record Date and

"Ex"-entitlement Date

 

Further to the Company's announcement at 07:00 a.m. today relating to its proposed Placing and Open Offer, the Company hereby clarifies the following details relating to the timetable of its proposed Placing and Open Offer:

 Event

Time and /or date

Record Date for entitlement to participate in the Open Offer

2nd June 2011

"Ex"-entitlement date in respect of Existing Shares for the Open Offer

3rd June 2011

Latest time and date for receipt of completed Application forms and payment in full under the Open Offer

11.00 a.m. on 20 June 2011

The prospectus relating to the proposed Placing and Open Offer is expected to be published today.

Terms defined in the announcement released earlier today have the same meaning as in this announcement.

For further information, please contact:

IP Group plc

Alan Aubrey, Chief Executive Officer

Greg Smith, Chief Financial Officer

Liz Vaughan-Adams, Communication

Tel: +44 (0) 20 7444 0050

+44 (0) 20 7444 0050

+44 (0) 20 7444 0062 /

+44 (0) 7979 853 802

 

Numis Securities Limited

Michael Meade / James Black / Nick Stamp

 

Tel: +44 (0) 20 7260 1000

Financial Dynamics

Ben Atwell / John Dineen

Tel: +44 (0) 20 7831 3113

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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