14th May 2009 16:12
St. Modwen Properties PLC ("St. Modwen" or "the Company")
Publication of Prospectus
Further to the announcement this morning in relation to a share issue to raise gross proceeds of £107.4 million (approximately £102.1 million net of expenses) through the issue of 79,586,977 New Ordinary Shares by way of a Firm Placing and Placing and Open Offer at a price of 135 pence per New Ordinary Share, St. Modwen announces that a prospectus relating to the Firm Placing and Placing and Open Offer (the "Prospectus") was approved by the UK Listing Authority (the "UKLA") earlier today.
The Prospectus is expected to be posted to shareholders today, and copies of the Prospectus, which includes a notice convening an extraordinary general meeting of St. Modwen to be held at The Innovation Centre, 1 Devon Way, Longbridge Technology Park, Birmingham, B31 2TS at 10.00 a.m. on 8 June 2009, will shortly be available for inspection at the UKLA's Document Viewing Facility, which is situated at Financial Services Authority, 25 North Colonnade, Canary Wharf, London E14 5HS.
In addition, the Prospectus will shortly be available to view on the Company's website (www.stmodwen.co.uk) and will be available for inspection at the office of Mayer Brown International LLP, 201 Bishopsgate, London EC2M 3AF.
14 May 2009
ENQUIRIES:
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St. Modwen Properties PLC |
0121 222 9400 |
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Bill Oliver, Chief Executive |
www.stmodwen.co.uk |
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Tim Haywood, Finance Director |
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Charlotte McCarthy, PR Manager |
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College Hill |
020 7457 2020 |
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Gareth David |
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J.P. Morgan Cazenove |
020 7588 2828 |
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Robert Fowlds |
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Shona Graham Paul Hewlett |
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Numis |
020 7260 1000 |
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Heraclis Economides |
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Simon Blank |
Related Shares:
SMP.L