21st Dec 2006 12:44
D1 Oils Plc21 December 2006 D1 Oils plc21 December 2006 D1 Oils plc (the "Company") Completion of the option in respect of an additional 354,000 new ordinary shares in the capital of the Company Further to the announcement dated 30 November 2006 regarding the placing of29,484,848 new ordinary shares at 165 pence per share raising £48.65 million(the "Placing"), the Board of D1 Oils plc announces that it has completed theplacing of a further 354,000 new ordinary shares, in respect of theover-allotment option, at a price of 165 pence per ordinary share toinstitutional and other investors, raising a further £0.58 million (£0.56million net). The placing of a total of 29,838,848 new ordinary shares is subject toshareholder approval at an extraordinary general meeting of the Company to beheld on 28 December 2006. Contact: D1 Oils Graham Prince, Head of Corporate CommunicationsTel: +44 (0) 1642 755580Mobile: +44 (0) 7973 323840 Brunswick Group Mark AntelmeTel: +44 (0) 20 7404 5959 Dresdner Kleinwort David HutchisonMichael CovingtonTel: +44 (0) 20 7623 8000 Notes to Editors D1 Oils plc is a UK-based global producer of biodiesel. We are building a globalsupply chain and network that is sustainable and delivers value from'earth-to-engine'. Our operations cover agronomy, refining and trading. We arepioneering the science, planting and production of inedible vegetable oils; wedesign, build, own, operate and market biodiesel refineries; and we source,transport and trade seeds and seedlings, seedcake, crude vegetable oils andbiodiesel. Our vision is to be the world's leading biodiesel business. This announcement does not constitute an offer to sell or an invitation tosubscribe for, or the solicitation of an offer to buy or to subscribe for,ordinary shares in any jurisdiction in which such an offer or solicitation isunlawful and is not for distribution in or into Canada, Japan, the United Statesor Australia (the "Prohibited Territories"). The ordinary shares have not beenand will not be registered under the United States Securities Act of 1933 (asamended) or under the applicable securities laws of any state in the UnitedStates or any Prohibited Territory and, unless an exemption under such Acts orlaws is available, may not be offered for sale or subscription or sold orsubscribed directly or indirectly within the Prohibited Territories or for theaccount or benefit of any national, resident or citizen of the ProhibitedTerritories. The distribution of this announcement in other jurisdictions may berestricted by law and therefore persons into whose possession this announcementcomes should inform themselves about and observe any such restrictions. Anyfailure to comply with these restrictions may constitute a violation of thesecurities laws of such jurisdictions. The contents of this announcement are not to be construed as legal, financial ortax advice. If necessary, each recipient of this announcement should consulthis, her or its own legal adviser, financial adviser or tax adviser for legal,financial or tax advice. Dresdner Kleinwort Limited and Dresdner Kleinwort Securities Limited, who areauthorised and regulated by the Financial Services Authority, are acting for theCompany and for no one else in connection with the Placing and will not beresponsible to anyone other than the Company for providing the protectionsafforded to customers of Dresdner Kleinwort Limited, and Dresdner KleinwortSecurities Limited or for affording advice in relation to the Placing or anyother matters referred to herein. The responsibilities of Dresdner KleinwortLimited, as nominated adviser under the AIM Rules, are owed solely to the LondonStock Exchange and are not owed to the Company or to any of the directors. No representation or warranty, express or implied, is made by Dresdner KleinwortLimited and/or Dresdner Kleinwort Securities Limited as to any of the contentsof this announcement for which the directors of the Company are solelyresponsible. This announcement contains certain statements that are or may beforward-looking. These statements typically contain words such as ''intends'',''expects'', ''anticipates'', ''estimates'' and words of similar import. Bytheir nature, forward-looking statements involve risk and uncertainty becausethey relate to events and depend on circumstances that will occur in the futureand therefore undue reliance should not be placed on such forward-lookingstatements. Forward-looking statements speak only as of the date they are madeand the Company undertakes no obligation to update publicly any of them in lightof new information or future events except as required by the AIM Rules. Thereare a number of factors that could cause actual results and developments todiffer materially from those expressed or implied by such forward-lookingstatements. THE SECURITIES REFERRED TO IN THIS ANNOUNCEMENT HAVE NOT BEEN REGISTERED WITH,RECOMMENDED, APPROVED OR DISAPPROVED BY ANY UNITED STATES FEDERAL OR STATESECURITIES COMMISSION OR REGULATORY AUTHORITY. FURTHERMORE, THE FOREGOINGAUTHORITIES HAVE NOT CONFIRMED THE ACCURACY OR DETERMINED THE ADEQUACY OF THISANNOUNCEMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENCE IN THEUNITED STATES. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
NEOS.L