11th Mar 2005 07:00
ITV PLC11 March 2005 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA OR THE NETHERLANDS ITV plc Result of placing of new ordinary shares Further to the announcement made yesterday regarding the placing of new ordinaryshares ("New Ordinary Shares"), ITV plc ("ITV") announces that it has todayplaced 30,000,000 New Ordinary Shares with institutional investors following thesuccessful completion of the bookbuilding process. The placing was managed byCitigroup Global Markets U.K. Equity Limited ("Citigroup"). The New Ordinary Shares were placed at a price of 126 pence per share and theplacing will realise gross proceeds of £37,800,000. The New Ordinary Shareswill, when issued, represent approximately 0.73 per cent. of ITV's issuedordinary share capital prior to the placing. Application has been made to the UK Listing Authority for the admission of theNew Ordinary Shares to the Official List and to the London Stock Exchange forthe admission of the New Ordinary Shares to trading on the London StockExchange's market for listed securities. It is expected that admission willbecome effective and dealings will commence in the New Ordinary Shares at 8.00a.m. on 16 March 2005. ANALYST ENQUIRIES: ITV 020 7620 1620 James Tibbitts CITIGROUP 020 7986 4000 Simon Gluckstein Ed Matthews MEDIA ENQUIRIES: CITIGATE DEWE ROGERSON 020 7638 9571 Simon Rigby Anthony Kennaway This announcement and the information contained herein does not constitute anoffer of securities for sale in the United States. Neither this announcement norany copy of it may be taken or distributed into the United States or distributedor published, directly or indirectly, in the United States. Any failure tocomply with this restriction may constitute a violation of US securities laws.The securities referred to herein have not been and will not be registered underthe US Securities Act of 1933, as amended (the "Securities Act"), and may not beoffered or sold in the United States unless they are registered under theSecurities Act or pursuant to an available exemption therefrom. No publicoffering of securities of ITV is being made in the United States. This announcement does not constitute an offer to sell or issue or thesolicitation of an offer to buy, subscribe or otherwise acquire the New OrdinaryShares or other shares in ITV in Canada, Japan, Australia or the Netherlands orin any jurisdiction in which such offer or solicitation is unlawful and theinformation contained herein is not for release, publication or distribution inwhole or in part in or into Canada, Japan, Australia or the Netherlands or inany jurisdiction in which such publication or distribution is unlawful. The New Ordinary Shares are not and will not be offered in the Netherlands otherthan to persons who trade or invest in securities in the conduct of theirprofession or trade (which includes banks, securities intermediaries (includingdealers and brokers), insurance companies, pension funds, other institutionalinvestors and commercial enterprises which as an ancillary activity regularlyinvest in securities), within the meaning of Section 2 of the 1995 Act on theSupervision of the Securities Trade Exemption Regulation (VrijstellingsregelingWet toezicht effectenverkeer 1995). Citigroup Global Markets Limited ("CGML") and Citigroup, which are authorisedand regulated in the United Kingdom by the Financial Services Authority underthe Financial Services and Markets Act 2000, are acting exclusively for ITV inconnection with the placing and no-one else and will not be responsible toanyone other than ITV for providing the protections afforded to clients of CGMLand Citigroup nor for providing advice in relation to the placing or any othermatter referred to herein. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ITV