29th Nov 2007 08:05
Randgold Resources Ld29 November 2007 NOT FOR DISTRIBUTION IN THE UNITED STATES OR ANY JURISDICTION IN WHICH SUCHDISTRIBUTION WOULD BE UNLAWFUL RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS Nasdaq Trading Symbol: GOLD ("Randgold Resources" or the "Company") Stabilisation Notice HSBC Bank plc (contact: Ian Jeynes; telephone: +44 20 799 15273) hereby givesnotice that the Stabilisation Manager named below may stabilise the offer of thefollowing securities in accordance with Commission Regulation (EC) No. 2273/2003implementing the Market Abuse Directive (2003/6/EC). Date of Notice: 27 November 2007 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"): GBP16.95 Number of Securities sold in the offer ("Global Offer"): 6,000,000 Number of Securities subject to the over-allotment option: 900,000 (15% of Securities sold in the Global Offer) Stabilising Manager: HSBC Bank plc Stabilisation period expected to start on: 28 November 2007 Stabilisation Period expected to end no later than: 28 December 2007 Exercise period of the overallotment option: 28 November 2007 to 28 December2007 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 of 30 days after the announcement of the GlobalOffer Price. However, there is no assurance that the Stabilising Manager willtake any stabilisation action and any stabilisation action, if begun, may beended at any time and must be brought to an end 30 days after the announcementof the Global Offer Price. Such transactions may be effected on the LSE, NASDAQand any other securities market, over the counter market, stock exchange orotherwise. 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 the Issuer 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 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 will be made by means of a prospectus that may be obtained from theissuer 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 theapplicable securities laws of Australia, Canada or Japan and may not be offeredor 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. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Randgold Resources