Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Publication of Prospectus

25th Jun 2009 11:06

RNS Number : 4981U
Development Securities PLC
25 June 2009
 



FOR IMMEDIATE RELEASE

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL

THIS ANNOUNCEMENT IS AN ADVERTISEMENT AND DOES NOT CONSTITUTE A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT. NOTHING IN THIS ANNOUNCEMENT SHOULD BE INTERPRETED AS A TERM OR CONDITION OF THE FIRM PLACING AND PLACING AND OPEN OFFER. ANY DECISION TO PURCHASE, OTHERWISE ACQUIRE, SUBSCRIBE FOR, SELL OR OTHERWISE DISPOSE OF ANY NEW SHARES MUST BE MADE ONLY ON THE BASIS OF THE INFORMATION CONTAINED IN AND INCORPORATED BY REFERENCE INTO THE PROSPECTUS. COPIES OF THE PROSPECTUS WILL BE AVAILABLE ON PUBLICATION FROM DEVELOPMENT SECURITIES' REGISTERED OFFICE AND WEBSITE: WWW.DEVELOPMENTSECURITIES.CO.UK

DEVELOPMENT SECURITIES PLC

PUBLICATION OF PROSPECTUS

25 June 2009

Two copies of the prospectus dated 24 June 2009 (the "Prospectus") relating to the firm placing of 16,666,667 new shares and the placing and open offer of 24,986,593 new shares at 240 pence per share have been submitted to the UK Listing Authority and will be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at 25 The North Colonnade, Canary Wharf, London E14 5HS. A copy of the Prospectus will also be available on Development Securities' website (www.developmentsecurities.co.uk) or can be inspected at its registered office: Portland House, Bressenden Place, London SW1E 5DS.

For further information, please contact:

Development Securities PLC

Michael Marx (Chief Executive)

+44 (0)20 7828 4777

The Communication Group plc

Richard Evans

+44 (0)20 7630 1411

Kit Bingham

This announcement does not constitute or form part of any offer or invitation to purchase, otherwise acquire, subscribe for, sell, otherwise dispose of or issue, or any solicitation of any offer to sell, otherwise dispose of, issue, purchase, otherwise acquire or subscribe for, any security.

This announcement and the information contained herein is not an offer of securities for sale or solicitation to buy any securities in the United States. The new ordinary shares have not been and will not be registered under the U.S. Securities Act 1933 (the "Securities Act") or with any securities regulatory authority of any State or other jurisdiction. The new ordinary shares may not be offered, sold, taken up, exercised, resold, renounced, transferred or delivered within the United States except in certain transactions exempt from, or not subject to, the registration requirements of the Securities Act. There will be no public offer of the new ordinary shares in the United States.

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

Related Shares:

UAI.L
FTSE 100 Latest
Value8,809.74
Change53.53