26th Sep 2005 07:45
Aberdeen Asset Management PLC26 September 2005 Not for release, publication or distribution in whole or in part, directly orindirectly, in or into Canada, Japan, New Zealand, South Africa or the Republicof Ireland Aberdeen Asset Management PLC Result of Rights Issue - 96.36 per cent. acceptances Aberdeen Asset Management PLC (the 'Company') announces that it has receivedvalid acceptances in respect of 349,733,056 New Ordinary Shares, representingapproximately 96.36 per cent. of the total number of New Ordinary Shares offeredpursuant to the 3 for 2 fully underwritten Rights Issue announced by the Companyon 7 July 2005 and which closed at 11.00am on 23 September 2005. Pursuant to the Underwriting Agreement dated 7 July 2005 between the Company,J.P. Morgan Securities Ltd and JPMorgan Cazenove Limited, JPMorgan CazenoveLimited will endeavour to procure subscribers for the remaining 13,196,439 NewOrdinary Shares, for which valid acceptances were not received. Definitions used in the Circular to Shareholders and Prospectus of the Companyboth dated 12 August 2005 shall have the same meanings when used in thisannouncement, unless the context requires otherwise. All references to times inthis announcement are to London time. For further information, please contact: Maitland 020 7379 5151Michelle Jeffery JPMorgan Cazenove 020 7588 2828John PaynterIan HannamRichard LockeJames Wood-Collins This announcement does not constitute an offer to sell or the solicitation of anoffer to acquire New Ordinary Shares or to take up entitlements to Nil PaidRights. JPMorgan Cazenove Limited ('JPMorgan Cazenove') which is authorised andregulated in the United Kingdom by the Financial Services Authority is actingexclusively for the Company in connection with the Proposals and not for anyother person and will not be responsible to any other person for providing theprotections afforded to customers of JPMorgan Cazenove or for providing advicein relation to the Proposals, the contents of this announcement and thedocuments or arrangements referred to therein. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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