8th Feb 2006 16:01
Warner Estate Holdings PLC08 February 2006 RNS Number: 8th February 2006 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION INTO OR IN THE UNITED STATES,CANADA, AUSTRALIA OR JAPAN RESULTS OF SECONDARY PLACING OF ORDINARY SHARES IN WARNER ESTATE HOLDINGS PLC ("WARNER ESTATE") JPMorgan Cazenove Limited ("JPMorgan Cazenove") and HSBC Bank ("HSBC") (togetherthe "Managers") have successfully completed a secondary placing of 7,356,223ordinary shares in Warner Estate representing 14 per cent. of the issued sharecapital of Warner Estate, at a price of 665p per share (the "Placing Shares").The seller of the Placing Shares was Trefick Limited (the "Seller") who hasconfirmed that it has no intention of reducing its shareholding for a period ofat least six months. Dated 8th February 2006 Enquiries: HSBCHeraclis Economides/James Taylor Tel: +44 20 7991 8888 JPMorgan CazenoveRichard Cotton/Greg Chamberlain Tel: +44 20 7588 2828 This announcement has been issued by the Managers and is the sole responsibilityof the Managers. This announcement is for information purposes only and doesnot constitute an offer or an invitation to acquire or dispose of any securitiesof Warner Estate Holdings plc in the United States, Canada, Australia or Japanor in any other jurisdiction in which such an offer of solicitation is unlawful. The Placing Shares have not been, and will not be, registered under the UnitedStates Securities Act of 1933, as amended, and may not be offered or sold in theUnited States absent registration or an exemption from registration. There willbe no public offering of securities in the United States. Any investmentdecision to buy securities in the placing must be made solely on the basis ofpublicly available information which has not been independently verified by theManagers or the Seller. Neither this announcement nor any copy of it may betaken, transmitted or distributed, directly or indirectly in or into the UnitedStates, Canada, Australia or Japan. Any failure to comply with this restrictionmay constitute a violation of United States, Canadian, Australian or Japanesesecurities laws. The distribution of this announcement and the offering or saleof the Placing Shares in certain jurisdictions may be restricted by law. Noaction has been taken by the Managers, or any of their respective affiliates, orany other person that would permit an offer of the Placing Shares or possessionor distribution of this announcement or any other offering or publicity materialrelating to the Placing Shares in any jurisdiction where action for that purposeis required. Persons into whose possession this announcement comes are requiredby the Managers to inform themselves about and to observe any such restrictions.The managers are acting for the Seller only in connection with the Placing, andno one else, and will not be responsible to anyone other than the Seller forproviding the protections offered to clients of the Managers nor for providingadvice in relation to the Placing. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Wt Wner Usd