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LAF - Lonrho Plc - Roposed firm placing and placing and open offer to raise

Release Date: 13/12/2011 17:48
Code(s): LAF
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LAF - Lonrho Plc - Roposed firm placing and placing and open offer to raise approximately GBP26.9Million gross proceeds LONRHO PLC (Incorporated and registered in England and Wales) (Registration number 2805337) (Share code: LAF; ISIN number: GB0002568813 ("Lonrho" or "the Company") THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN AND THE REPUBLIC OF SOUTH AFRICA AND SHOULD NOT BE DISTRIBUTED IN, FORWARDED TO OR TRANSMITTED INTO ANY JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF LOCAL APPLICABLE SECURITIES LAWS OR REGULATIONS. THIS ANNOUNCEMENT IS AN ADVERTISEMENT. IT IS NOT A PROSPECTUS. INVESTORS SHOULD NOT SUBSCRIBE FOR OR PURCHASE ANY SHARES REFERRED TO IN THIS ANNOUNCEMENT EXCEPT SOLELY ON THE BASIS OF INFORMATION IN THE PROSPECTUS AND INCORPORATED BY REFERENCE INTO THE PROSPECTUS. THE SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES UNLESS REGISTERED UNDER THE US SECURITIES ACT OR PURSUANT TO AN EXEMPTION FROM SUCH REGISTRATION. NO PUBLIC OFFERING OF THE SECURITIES DISCUSSED HEREIN IS BEING MADE IN THE UNITED STATES. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFERING OF SECURITIES FOR SALE IN THE UNITED STATES AND THE COMPANY DOES NOT CURRENTLY INTEND TO REGISTER ANY SECURITIES UNDER THE US SECURITIES ACT. THE DEFINED TERMS SET OUT IN THE ANNOUNCEMENT RELEASED EARLIER TODAY APPLY IN THIS ANNOUNCEMENT. 13 December 2011 Lonrho Plc Publication of Prospectus Further to the announcement by Lonrho Plc ("Lonrho" or the "Company") earlier today that it is proposing to raise gross proceeds of GBP26.9 million through a firm placing and placing and open offer involving the issue of 269,498,795 New Ordinary Shares at an issue price of 10 pence per New Ordinary Share (the "Capital Raising"), the Company announces that a prospectus dated 13 December 2011 relating to the Capital Raising (the "Prospectus") has been approved by the UK Listing Authority. Qualifying Shareholders (other than Excluded Shareholders) who have previously agreed to receive shareholder documentation via the Company`s website should access the Prospectus from www.lonrho.com. The Prospectus will be posted to other Qualifying Shareholders (other than Excluded Shareholders) today. Copies will be available from the registered office of Lonrho at Level 2, 25 Berkeley Square, London W1J 6HB, and, other than in respect of certain jurisdictions, on the Company`s website (www.lonrho.com) and available for inspection during normal business hours on any weekday (Saturdays, Sundays and public holidays excluded) at the offices of Panmure Gordon (UK) Limited at Moorgate Hall, 155 Moorgate, London EC2M 6XB. In addition, the Prospectus has been submitted to the National Storage Mechanism and will be available for inspection at www.hemscott.com/nsm.do. Enquiries Lonrho Plc +44 (0) 20 7016 5105 David Lenigas Geoffrey White David Armstrong Panmure Gordon +44 (0) 20 7459 3600 Tim Linacre Dominic Morley Adam Pollock Hannah Woodley
Pelham Bell Pottinger +44 (0) 20 7861 3232 Gavin Davis Charles Goodwin Charlie Harrison Important Notice This Announcement is not a prospectus but an advertisement and investors should not acquire any New Ordinary Shares referred to in this Announcement except on the basis of the information contained in the Prospectus and incorporated by reference into the Prospectus. Neither the content of Lonrho`s website nor any website accessible by hyperlinks to Lonrho`s website is incorporated in, or forms part of, this Announcement. The distribution of this Announcement, the Prospectus and any other documentation associated with the Capital Raising into jurisdictions other than the United Kingdom may be restricted by law. Persons into whose possession these documents come should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. In particular, such documents should not be distributed, forwarded to or transmitted, directly or indirectly, in whole or in part, in or into any Prohibited Territory. No action has been taken by Lonrho or any other person that would permit an offer of the New Ordinary Shares or possession or distribution of this Announcement, the Prospectus or any other documentation or publicity material or the Application Forms in any jurisdiction where action for that purpose is required, other than in the United Kingdom. The New Ordinary Shares are being offered and sold outside the US in reliance on Regulation S under the US Securities Act. The New Ordinary Shares have not been approved or disapproved by the US Securities and Exchange Commission, any state securities commission in the US or any other US regulatory authority, nor have any of the foregoing authorities passed upon or endorsed the merits of the offering of the New Ordinary Shares or the accuracy or adequacy of the Prospectus or this document. Any representation to the contrary is a criminal offence in the US. The New Ordinary Shares have not been and will not be registered under the relevant laws of any state, province or territory of any of the Prohibited Territories and may not be offered, sold, resold, taken up, transferred, delivered or distributed, directly or indirectly, within any Prohibited Territory except pursuant to an applicable exemption from registration requirements. There will be no public offer of New Ordinary Shares in any Prohibited Territory. This Announcement is for information purposes only and does not constitute or form part of any offer to issue or sell, or the solicitation of an offer to acquire, purchase or subscribe for, any securities in any jurisdiction and should not be relied upon in connection with any decision to subscribe for or acquire any of the New Ordinary Shares. In particular, this Announcement does not constitute or form part of any offer to issue or sell, or the solicitation of an offer to acquire, purchase or subscribe for, any securities in the United States. This Announcement has been issued by, and is the sole responsibility of, the Company. No person has been authorised to give any information or to make any representations other than those contained in this Announcement and, if given or made, such information or representations must not be relied on as having been authorised by Lonrho or Panmure Gordon. Subject to the Listing Rules, the Prospectus Rules and the Disclosure and Transparency Rules, the issue of this Announcement shall not, in any circumstances, create any implication that there has been no change in the affairs of the Group since the date of this Announcement or that the information contained in it is correct at any subsequent date. Panmure Gordon, who is authorised and regulated in the UK by the Financial Services Authority, is acting for Lonrho and no one else in connection with the Capital Raising and will not regard any other person (whether or not a recipient of this Announcement) as a client in relation to the Capital Raising and will not be responsible to anyone other than Lonrho for providing the protections afforded to its clients or for providing advice in relation to the Capital Raising or any matters referred to in this Announcement. Apart from the responsibilities and liabilities, if any, which may be imposed on Panmure Gordon by the Financial Services and Markets Act 2000, Panmure Gordon does not accept any responsibility whatsoever for the contents of this Announcement, and makes no representation or warranty, express or implied, for the contents of this Announcement, including its accuracy, completeness or verification, or for any other statement made or purported to be made by it, or on its behalf, in connection with Lonrho or the New Ordinary Shares or the Capital Raising, and nothing in this Announcement is or shall be relied upon as, a promise or representation in this respect whether as to the past or future. Panmure Gordon accordingly disclaims to the fullest extent permitted by law all and any liability whether arising in tort, contract or otherwise (save as referred to above) which it might otherwise have in respect of this Announcement or any such statement. This document should not be considered a recommendation by the Company, Panmure Gordon or any of their respective directors, officers, employees, advisers or any of their respective affiliates, parent undertakings, subsidiary undertakings or subsidiaries of their parent undertakings in relation to any purchase of or subscription for the New Ordinary Shares. Price and volumes of, and income from, securities may go down as well as up and an investor may not get back the amount invested. It should be noted that past performance is no guide to future performance. You are advised to read this document and the Prospectus and the information incorporated by reference therein, in their entirety for a further discussion of the factors that could affect the Group`s future performance and the industry in which it operates. Persons needing advice should consult an independent financial adviser. 13 December 2011 South African sponsor Java Capital Date: 13/12/2011 17:48:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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