25th Jul 2005 10:51
Hunting PLC25 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 25 July 2005 Hunting PLC ("Hunting") Result of Extraordinary General Meeting Hunting announces that at the Extraordinary General Meeting of the Company heldearlier today, the Resolution put to Shareholders was duly passed, increasingthe authorised share capital of the Company and granting the necessaryauthorities to the Directors for the Rights Issue to proceed as set out in theProspectus sent to Shareholders dated 1 July 2005. It is expected that admission of the New Ordinary Shares, nil paid, to theOfficial List and to trading on the London Stock Exchange's market for listedsecurities will become effective and that dealings will commence in the NewOrdinary Shares, nil paid, at 8.00 a.m. on 26 July 2005. The latest time anddate for acceptance and payment in full under the Rights Issue is 11.00 a.m. on16 August 2005. It is expected that Nil Paid Rights will be credited to thestock accounts of Qualifying CREST Shareholders (other than those withregistered addresses in the United States and the Excluded Territories) andenabled in CREST as soon as practicable after 8.00 a.m. on 26 July 2005. Accordingly, Provisional Allotment Letters in respect of entitlements to NewOrdinary Shares pursuant to the Rights Issue will be posted today to Qualifyingnon-CREST Shareholders (other than those with registered addresses in the UnitedStates and the Excluded Territories). Certain terms used in this announcement are defined and have the same meaning asin the Prospectus dated 1 July 2005. All references to time in this announcementare to London time. 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 Close Brothers Corporate Finance Limited ("Close Brothers"), which is regulatedin the United Kingdom by The Financial Services Authority, is acting exclusivelyfor Hunting and for no one else in relation to the Rights Issue and will not beresponsible to anyone other than Hunting for providing the protections affordedto customers of Close Brothers or for providing advice in relation to the RightsIssue. Hoare Govett Limited ("Hoare Govett"), which is regulated in the United Kingdomby The Financial Services Authority, is acting exclusively for Hunting and forno one else in relation to the Rights Issue and will not be responsible toanyone other than Hunting for providing the protections afforded to customers ofHoare Govett or for providing advice in relation to the Rights Issue. 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. A copy of the Resolution passed today at the Extraordinary General Meeting ofthe Company has been submitted to the UK Listing Authority's Document ViewingFacility which is situated at: Financial Services Authority, 25 The NorthColonnade, Canary Wharf, London E14 5HS. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Hunting