REI - Reinet Investments S.C.A. Depositary Receipts - Reinet Investments Rights
REI
REI
REI - Reinet Investments S.C.A. Depositary Receipts - Reinet Investments Rights
Issue - Optional Placing
Reinet Investments S.C.A. Depositary Receipts
issued by Richemont Securities AG
(Incorporated in Switzerland)
ISIN: CH0045793657
Depositary Receipt Code: REI
Reinet Investments Rights Issue - Optional Placing
The Board of Reinet Investments Manager SA on behalf of Reinet Investments SCA
announces that, following the successful conclusion of the rights issue and the
auction of unexercised rights, the underwriters have informed the company that
they will not participate in the optional placing. Shareholders are reminded
that the terms of the rights issue provided that the underwriters, at their
option, could contribute additional shares in British American Tobacco plc in
exchange for further shares to be issued by Reinet Investments SCA.
The Reinet rights issue was concluded on Monday 15 December 2008. 92.9 per cent
of the available subscription rights were taken up by shareholders exercising
101 163 315 warrants. The remaining 7 692 955 warrants were sold at auction on
Monday 15 December, with the underwriters acquiring 7 648 575 subscription
rights at an average price of Euro 1.45.
Following the completion of the rights issue process, there are now 195 941 286
Reinet shares in issue.
Further information:
Mr Alan Grieve
Chief Financial Officer
Reinet Investments SCA
Tel: +352 22 7252
17 December 2008
Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
Date: 17/12/2008 17:31:37 Produced by the JSE SENS Department.
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