1st Nov 2005 07:02
Randgold Resources Ld01 November 2005 Randgold Resources LimitedIncorporated in Jersey, Channel IslandsReg. No. 62686LSE Trading Symbol: RRSNasdaq Trading Symbol: GOLD NOT FOR DISTRIBUTION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN RANDGOLD RESOURCES LIMITED PRICES GLOBAL OFFERING OF NEW SHARES London, United Kingdom, 1 November 2005 - Randgold Resources Limited (LSE:RRS)(NASDAQ:GOLD) ("Randgold Resources" or the "Company") announces that the globaloffering of 7,500,000 new ordinary shares (the "Global Offer") in the form ofordinary shares or American Depository Shares (the "New Shares") has been pricedat US$13.50 per ordinary share and US$13.50 per American Depository Share ("ADS"). Each ADS represents one ordinary share of the Company. The Global Offer is conditional, among other things, on the New Shares beingadmitted to trading on the Official List of the Financial Services Authority(the "FSA") and admission to trading on the market for listed securities of theLondon Stock Exchange plc (the "LSE"). An application has been made to the FSAand the LSE and it is expected that such admissions will become effective at8.00 a.m. on 4 November 2005. The ADSs will trade on the Nasdaq NationalMarket. The New Shares will, when issued, be credited as fully paid, will rank in fullfor all future dividends and other distributions declared in respect of theexisting issued ordinary shares of Randgold Resources on or after the date ofissue of the New Shares and will otherwise rank pari passu in all respects withthe existing ordinary shares of Randgold Resources. HSBC is acting as global co-ordinator, sponsor, bookrunner and underwriter inconnection with the Global Offer. BMO Nesbitt Burns and RBC Capital Markets areco-managers for the Global Offer. The underwriters have been granted anover-allotment option by Randgold Resources to purchase up to 1,125,000additional ordinary shares in the form of new ordinary shares or AmericanDepository Shares to cover over-allotments, if any. Randgold Resources Enquiries: Chief Executive Financial Director Investor & Media RelationsDr Mark Bristow Roger Williams Kathy du Plessis+44 779 775 2288 +44 791 709 8939 +27 11 728 4701 +27 (0) 83 266 5847 Email: [email protected] Website: http://www.randgoldresources.com This press release is directed in the United Kingdom only to investmentprofessionals falling within Article 19(5) of the Financial Services and MarketsAct 2000 (Financial Promotion) Order 2005 (the "Order") or to high net worthentities, and other persons to whom it may lawfully be communicated, fallingwithin Article 49(2)(a) to (d) of the Order (all such persons together beingreferred to as "relevant persons"). This press release must not be acted on orrelied on by persons who are not relevant persons. This document is an advertisement for the purposes of applicable measuresimplementing Directive 2003/71/EC (such Directive, together with any applicableimplementing measures in the relevant home Member State under such Directive,the "Prospectus Directive"). A prospectus prepared pursuant to the ProspectusDirective will be published, which, when published, can be obtained from theoffices of Randgold Resources at La Motte Chambers, La Motte Street, St. Helier,Jersey, JE1 1BJ, Channel Islands or the offices of HSBC Bank plc at 8 CanadaSquare, London, E14 5HQ. Any offer of securities to the public that may bedeemed to be made pursuant to this communication in any EEA Member State thathas implemented the Prospectus Directive is only addressed to qualifiedinvestors in that Member State within the meaning of the Prospectus Directive. Stabilisation/FSA This press release is not an offer for sale of securities in the United States.The securities may not be offered or sold in the United States absentregistration or an exemption from registration under the U.S. Securities Act of1933, as amended. Any public offering of securities to be made in the UnitedStates is being made by means of a prospectus that may be obtained from theissuer that contains detailed information about the Company and management, aswell as financial statements. HSBC Bank plc which is authorised and regulated in the United Kingdom by theFinancial Services Authority is acting for the Company in connection with theGlobal Offer and no one else and will not be responsible to anyone other thanthe Company for providing the protection afforded to clients of HSBC Bank plcnor for providing advice in relation to the Global Offer nor any other matterreferred to in this announcement. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Randgold Resources