30th Nov 2006 10:52
D1 Oils Plc30 November 2006 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN D1 Oils plc30 November 2006 D1 Oils plc Completion of the Placing of 29,484,848 New Ordinary Shares at 165 pence per share to raise £48.7 million Further to today's earlier announcement regarding the placing of up to35,151,515 new Ordinary Shares, the Board of D1 Oils plc (D1) announces that ithas completed the placing of 29,484,848 new Ordinary Shares at a price of 165pence per share to existing shareholders and other investors, raising £48.7million. In addition, the Company has granted an over-allotment option in respect of upto an additional 5,666,667 new Ordinary Shares. The Placing (including the issue of up to 5,666,667 new Ordinary Shares pursuantto the over-allotment option) is subject to shareholder approval at anExtraordinary General Meeting to be held on 28 December 2006. Contact: D1 Oils Graham Prince, Head of Corporate Communications Tel: +44 (0) 1642 755580 Mobile: +44 (0) 7973 323840 Brunswick Group Mark Antelme Tel: +44 (0) 20 7404 5959 Dresdner Kleinwort David HutchisonMichael Covington Tel: +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 wesource,transport and trade seeds and seedlings, seedcake, crude vegetable oilsandbiodiesel. 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, and Dresdner BankAG, London Branch, which is authorised by BAFin and by the Financial ServicesAuthority and which is regulated by the Financial Services Authority for theconduct of designated investment business in the United Kingdom, are acting forD1 Oils and for no one else in connection with the Placing and will not beresponsible to anyone other than D1 Oils for providing the protections affordedto customers of Dresdner Kleinwort Limited, Dresdner Kleinwort SecuritiesLimited and Dresdner Bank AG, London Branch, or for affording advice in relationto the Placing or any other matters referred to herein. The responsibilities ofDresdner Kleinwort Limited, as nominated adviser under the AIM Rules, are owedsolely to the London Stock Exchange and are not owed to the Company or to any ofthe Directors. No representation or warranty, express or implied, is made by Dresdner KleinwortLimited, Dresdner Kleinwort Securities Limited or Dresdner Bank AG, LondonBranch as to any of the contents of this announcement for which the directors ofD1 Oils are solely responsible. This announcement contains certain statementsthat are or may be forward-looking. These statements typically contain wordssuch as ''intends'', ''expects'', ''anticipates'', ''estimates'' and words ofsimilar import. By their nature, forward-looking statements involve risk anduncertainty because they relate to events and depend on circumstances that willoccur in the future and therefore undue reliance should not be placed on suchforward-looking statements. Forward-looking statements speak only as of the datethey are made and the Company undertakes no obligation to update publicly any ofthem in light of new information or future events except as required by the AIMRules. There are a number of factors that could cause actual results anddevelopments to differ materially from those expressed or implied by suchforward-looking statements. 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