30th Jul 2009 07:30
NOT FOR DISTRIBUTION IN THE UNITED STATES OR ANY JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE UNLAWFUL
Randgold Resources Limited
Stabilisation Notice
HSBC Bank plc (contact: Ian Jeynes; telephone: +44 20 799 15273) hereby gives notice that the Stabilisation Manager named below may stabilise the offer of the following securities in accordance with Commission Regulation (EC) No. 2273/2003 implementing the Market Abuse Directive (2003/6/EC).
Date of Notice: 30 July 2009
Issuer: Randgold Resources Limited ("Randgold Resources")
Issue: New ordinary shares of US$0.05, in the form of ordinary shares or American Depositary Shares (the "Securities")
|
ISIN: |
ordinary shares: |
GB00B01C3S32 |
|
American Depositary Shares: |
US7523443098 |
|
Offer price ("Global Offer Price"): |
GBP36.35 |
|
Number of Securities sold in the offer ("Global Offer"): |
5,000,000 |
|
Number of Securities subject to the over-allotment option: |
750,000 (15% of Securities sold in the Global Offer) |
|
Stabilising Manager: |
HSBC Bank plc |
|
Stabilisation period expected to start on: |
30 July 2009 |
|
Stabilisation Period expected to end no later than: |
28 August 2009 |
|
Exercise period of the overallotment option: |
30 July 2009 to 28 August 2009 |
In connection with the offer of the above securities, the Stabilising Manager may over-allot or effect transactions which are intended to stabilise or support the market price of the Securities at a level higher than that which might otherwise prevail for a period of 30 days after the announcement of the Global Offer Price. However, there is no assurance that the Stabilising Manager will take any stabilisation action and any stabilisation action, if begun, may be ended at any time and must be brought to an end 30 days after the announcement of the Global Offer Price. Such transactions may be effected on the LSE, NASDAQ and any other securities market, over the counter market, stock exchange or otherwise.
This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.
This announcement and the offer of the securities to which it relates are only addressed to and directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order.
HSBC Bank plc which is authorised and regulated in the United Kingdom by the Financial Services Authority is acting for the Company in connection with the Global Offer and no one else and will not be responsible to anyone other than the Company for providing the protection afforded to clients of HSBC Bank plc nor for providing advice in relation to the Global Offer nor any other matter referred to in this announcement.
This press release is not an offer for sale of securities in the United States. The securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer that will contain detailed information about the company and management, as well as financial statements.
Shares in Randgold Resources have not been and will not be registered under the applicable securities laws of Australia, Canada or Japan and may not be offered or sold within Australia, Canada or (subject to certain exceptions) Japan or to, or for the account or benefit of, citizens or residents of Australia, Canada or (subject to certain exceptions) Japan.
Related Shares:
Randgold Resources