25th Jul 2006 08:19
IG Group Holdings plc25 July 2006 Not for release or distribution or publication in whole or part in or into theUnited States, Canada, Japan or Australia. 25 July 2006 IG GROUP HOLDINGS PLC ("IG Group" or the "Company") Pricing of Share Placing by IG Group's directors, employees and their related interests IG Group Holdings plc ("IG Group" or the "Company") (the "SellingShareholders"), announces the pricing of an accelerated bookbuilt secondaryplacing (the "Placing") of 20,098,650 million ordinary shares of 0.005p in IGGroup (the "IG Group Shares") by a number of IG Group's directors, employees andtheir related interests. The Placing represents 6.1% of the outstanding issuedshare capital of IG Group. UBS Limited ("UBS") acted as sole global co-ordinatorand bookrunner. The Placing was priced at 210p per IG Group Share Enquiries: IG GroupTim Howkins Tel: +44 (0) 20 7896 0011 Financial DynamicsRob Bailhache Tel: +44 (0) 20 7269 7200Nick Henderson UBS LimitedChristopher Smith Tel: + 44 (0)20 7568 4389Tom Shippey Tel: + 44 (0)20 7568 7320 MEMBERS OF THE GENERAL PUBLIC ARE NOT ELIGIBLE TO TAKE PART IN THE PLACING. THISANNOUNCEMENT AND ANY OFFER OF SECURITIES TO WHICH IT RELATES ARE ONLY ADDRESSEDTO AND DIRECTED AT PERSONS WHO ARE (1) QUALIFIED INVESTORS WITHIN THE MEANING OFDIRECTIVE 2003/71/EC AND ANY RELEVANT IMPLEMENTING MEASURES (THE " PROSPECTUSDIRECTIVE") AND (2) WHO HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING TOINVESTMENTS WHO FALL WITHIN ARTICLE 19(1) OF THE FINANCIAL SERVICES AND MARKETSACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (THE "ORDER") OR ARE PERSONS FALLINGWITHIN ARTICLE 49(2)(A) TO (D) ("HIGH NET WORTH COMPANIES, UNINCORPORATEDASSOCIATIONS, ETC") OF THE ORDER (ALL SUCH PERSONS TOGETHER BEING REFERRED TO AS"RELEVANT PERSONS"). THE INFORMATION REGARDING THE PLACING SET OUT IN THISANNOUNCEMENT MUST NOT BE ACTED ON OR RELIED ON BY PERSONS WHO ARE NOT RELEVANTPERSONS. ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENTRELATES IS AVAILABLE ONLY TO RELEVANT PERSONS AND WILL BE ENGAGED IN ONLY WITHRELEVANT PERSONS. This announcement does not constitute or form part of any offer of securities,or constitute a solicitation of any offer to purchase or subscribe forsecurities. Neither this announcement nor any copy of it may be taken, released,published, transmitted or distributed, directly or indirectly in or into theUnited States, Canada, Australia or Japan, or any jurisdiction where suchannouncement would be unlawful. Any failure to comply with this restriction mayconstitute a violation of United States, Canadian, Australian or Japanesesecurities laws, or any jurisdiction where such announcement would be unlawful. No action has been taken by the Selling Shareholders, or any of their respectiveaffiliates, or any other person that would permit an offer of the Placing Sharesor possession or distribution of this announcement or any other offering orpublicity material relating to the Placing Shares in any jurisdiction whereaction for that purpose is required. Persons into whose possession thisannouncement comes into should inform themselves about and observe any suchrestrictions. This announcement does not constitute an offer of securities for sale in anyjurisdiction, including the United States. The securities referred to hereinhave not been and will not be registered under the US Securities Act of 1933(the "Securities Act"), and may not be offered or sold in the United Statesunless they are registered under the Securities Act or pursuant to an availableexemption therefrom. No public offering of securities of IG Group Holdings plcis being made in the United States. Any investment decision to buy securities in the Placing must be made solely onthe basis of publicly available information which has not been independentlyverified by UBS or the Selling Shareholders. UBS are acting for the Selling Shareholders only in connection with the Placing,and no one else, and will not be responsible to anyone other than the SellingShareholders for providing the protections offered to clients of UBS nor forproviding advice in relation to the Placing. This does not constitute a recommendation concerning the Placing. The value ofshares can go down as well as up. Past performance is not a guide to futureperformance. Potential investors should consult a professional adviser as to thesuitability of any offering for the individual concerned. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
IG