1st Nov 2005 07:30
Randgold Resources Ld01 November 2005 NOT FOR DISTRIBUTION IN THE UNITED STATES OR ANY JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE UNLAWFUL Randgold Resources Limited Stabilisation Notice HSBC Securities (USA) Inc. hereby gives notice that the Stabilisation Managernamed below may stabilise the offer of the following securities in accordancewith Commission Regulation (EC) No. 2273/2003 implementing the Market AbuseDirective (2003/6/EC). Date of Notice: 1 November 2005 Issuer: Randgold Resources Limited ("Randgold Resources") Issue: New ordinary shares of US$0.05, in the form of ordinary shares orAmerican Depositary Shares (the "Securities") ISIN: GB00B01C3S32 Offer price ("Global Offer Price"): US$13.50 Number of Securities sold in the offer ("Global Offer"): 7,500,000 Number of Securities subject to the over-allotment option: 1,125,000 (15% ofSecurities sold in the Global Offer) Stabilising Manager: HSBC Securities (USA) Inc. Stabilisation period expected to commence: 1 November 2005 Stabilisation period expected to end: 4 December 2005 In connection with the offer of the above securities, the Stabilising Managermay over-allot or effect transactions which are intended to stabilise or supportthe market price of the Securities at a level higher than that which mightotherwise prevail for a period from the announcement of the Global Offer Priceuntil 30 calendar days after the date of allotment of the Securities. However,there is no assurance that the Stabilising Manager will take any stabilisationaction and any stabilisation action, if begun, may be ended at any time. Suchtransactions may be effected on the NASDAQ Stock Market and any other USsecurities market, over the counter market, stock exchange or otherwise. This announcement is for information purposes only and does not constitute aninvitation or offer to underwrite, subscribe for or otherwise acquire or disposeof any securities of Randgold Resources in any jurisdiction. This announcement and the offer of the securities to which it relates are onlyaddressed to and directed at (i) persons who are outside the United Kingdom or(ii) to investment professionals falling within Article 19(5) of the FinancialServices and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or(iii) high net worth entities, and other persons to whom it may lawfully becommunicated, falling within Article 49(2)(a) to (d) of the Order. HSBC Bank plc which is authorised and regulated in the United Kingdom by theFinancial Services Authority is acting for the Company in connection with theGlobal Offer and no one else and will not be responsible to anyone other thanthe Company for providing the protection afforded to clients of HSBC Bank plcnor for providing advice in relation to the Global Offer nor any other matterreferred to in this announcement. This document is an advertisement for the purposes of applicable measuresimplementing Directive 2003/71/EC (such Directive, together with any applicableimplementing measures in the relevant home Member State under such Directive,the "Prospectus Directive"). A prospectus prepared pursuant to the ProspectusDirective will be published, which, when published, can be obtained from theoffices of Randgold Resources at La Motte Chambers, La Motte Street, St. Helier,Jersey, JE1 1BJ, Channel Islands or the offices of HSBC Bank plc at 8 CanadaSquare, London, E14 5HQ. Any offer of securities to the public that may bedeemed to be made pursuant to this communication in any EEA Member State thathas implemented the Prospectus Directive is only addressed to qualifiedinvestors in that Member State within the meaning of the Prospectus Directive. 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 absentregistration or an exemption from registration under the U.S. Securities Act of1933, as amended. Any public offering of securities to be made in the UnitedStates is being made by means of a prospectus that may be obtained from theissuer that contains detailed information about the company and management, aswell as financial statements. Shares in Randgold Resources have not been and will not be registered under theapplicable securities laws of Australia, Canada or Japan and may not be offeredor sold within Australia, Canada or Japan or to, or for the account or benefitof, citizens or residents of Australia, Canada or Japan. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Randgold Resources