1st Jul 2005 18:30
Hunting PLC01 July 2005 NOT FOR DISTRIBUTION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THEUNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF IRELAND OR THE REPUBLICOF SOUTH AFRICA. For immediate release 1 July 2005 Hunting PLC ("Hunting") Prospectus to shareholders posted Further to the announcement dated 29 June 2005 regarding the proposed RightsIssue to raise approximately £45.7 million, the Board of Hunting announces thata prospectus (the "Prospectus"), setting out the full terms and conditions ofthe Rights Issue, including the procedure for acceptance and payment, theprocedure in respect of rights not taken up and convening an extraordinarygeneral meeting to be held on Monday, 25 July 2005 to approve the Rights Issue,is being posted to Shareholders today. Application has been made to the UK Listing Authority and to the London StockExchange for the New Ordinary Shares to be admitted to the Official List and tobe admitted to trading on the London Stock Exchange's market for listedsecurities. An expected timetable of the principal events relating to the RightsIssue is set out in the Prospectus. A copy of the Prospectus has been submitted to the UK Listing Authority and willshortly be available for inspection at the UK Listing Authority's DocumentViewing Facility which is situated at: Financial Services Authority, 25 TheNorth Colonnade, Canary Wharf, London E14 5HS, telephone 020 7066 1000. Certain terms used in this announcement are defined and have the same meaning asin the Prospectus. Enquiries: Hunting PLC 020 7321 0123Dennis ProctorDennis Clark Close Brothers 020 7655 3100Andrew CunninghamJack Newall Hoare Govett 020 7678 8000Andrew FosterBertie Whitehead The Hogarth Partnership 020 7357 9477Andrew JaquesEdward Westropp The release, publication or distribution of this announcement in certainjurisdictions may be restricted by law and therefore persons in suchjurisdictions into which this announcement is released, published or distributedshould inform themselves about and observe such restrictions. THIS ANNOUNCEMENT DOES NOT CONSTITUTE, OR FORM PART OF, AN OFFER TO SELL OR THESOLICITATION OF AN OFFER TO SUBSCRIBE FOR OR BUY ANY SECURITIES, NOR THESOLICITATION OF ANY VOTE OR APPROVAL IN ANY JURISDICTION, NOR SHALL THERE BE ANYSALE, ISSUE OR TRANSFER OF THE SECURITIES REFERRED TO IN THIS ANNOUNCEMENT INANY JURISDICTION IN CONTRAVENTION OF APPLICABLE LAW. This announcement is not an offer of securities for sale in the United States.Securities may not be offered or sold in the United States absent registrationunder the US Securities Act of 1933 (the "US Securities Act") or an exemptiontherefrom. Hunting has not and does not intend to register any of theProvisional Allotment Letters, Nil Paid Rights, Fully Paid Rights or NewOrdinary Shares under the US Securities Act. The Provisional Allotment Letters,Nil Paid Rights, Fully Paid Rights and New Ordinary Shares will not be offeredor sold to the public in the United States. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Hunting