| Wed 22 Nov 2006, 13:15 | | Liberty International Plc - Results of Placing |
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LBT
LILII
Liberty International Plc - Results of Placing
LIBERTY INTERNATIONAL PLC
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code: LBT
Issuer Code: LILI I
22 November 2006
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, OR INTO, THE UNITED STATES,
AUSTRALIA, CANADA OR JAPAN
LIBERTY INTERNATIONAL PLC
RESULT OF PLACING OF NEW ORDINARY SHARES
PLACING PRICE SET AT 1350 PENCE PER NEW ORDINARY SHARE
Liberty International PLC ("Liberty International") announces that, further to
the announcement on 21 November 2006, (the "Announcement"), a total of 25
million new ordinary shares of 50 pence each in Liberty International (the
"Placing Shares") have been placed by Merrill Lynch International ("Merrill
Lynch") and UBS Limited ("UBS") at a price of 1350 pence per Placing Share,
raising gross proceeds of approximately GBP337.5 million (the "Placing"). 1.4
million Placing Shares have been placed with the family interests of Sir Donald
Gordon at the Placing Price. The Placing Shares being issued represent 7.4% per
cent of Liberty International"s issued ordinary share capital prior to the
Placing.
Application will be made for, and the Placing is conditional upon, inter alia,
admission of the Placing Shares to listing on the Official List maintained by
the UK Listing Authority and upon admission to trading by London Stock Exchange
plc on its main market for listed securities (together, "Admission"). It is
expected that Admission will become effective and that dealings will commence in
the Placing Shares at 8:00am on 29 November 2006. Subject to the conditions
being satisfied, the Placing Shares will be issued credited as fully paid and
will rank pari passu in all respects with Liberty International"s existing
ordinary shares.
Enquiries
Liberty International PLC
Sir Robert Finch, Chairman +44 (0)20 7960 1273
David Fischel, Chief Executive +44 (0)20 7960 1207
Aidan Smith, Finance Director +44 (0)20 7960 1210
Merrill Lynch International
Simon Fraser +44 (0)20 7996 2606
Mark Gwynne +44 (0)20 7995 3700
Andrew Fairclough +44 (0)20 7995 0469
UBS Investment Bank
Oliver Pawle +44 (0)20 7568 2164
John Woolland +44 (0)20 7568 2336
Tim Guest +44 (0)20 7568 2549
Adrian Lewis +44 (0)20 7568 2240
Public Relations
UK:
Michael Sandler, Hudson Sandler +44 (0)20 7796 4133
SA:
Matthew Gregorowski,
College Hill Associates +44 (0)20 7457 2020
Nicholas Williams,
College Hill Associates +27 (0)11 447 3030
Defined terms used in this announcement have, unless the context otherwise
requires, the same meaning given to them in the Announcement.
This announcement has been issued by and is the sole responsibility of Liberty
International.
Merrill Lynch and UBS are acting for Liberty International and no-one else in
relation to the Placing and will not be responsible to any person other than
Liberty International for providing the protections afforded to clients of
Merrill Lynch and UBS or for providing advice in relation to the Placing or in
relation to the contents of this announcement or any other transaction,
arrangement or matter referred to herein.
This announcement is for information purposes only and does not constitute an
offer to issue or sell, or the solicitation of an offer to acquire or buy, any
securities to any person in any jurisdiction. In particular, this announcement
does not constitute an offer to issue or sell, or the solicitation of an offer
to acquire or buy, any securities in the United States, Canada, Australia or
Japan.
The Placing Shares have not been, nor will they be, registered under the
Securities Act or with any securities regulatory authority of any State or other
jurisdiction of the United States, and accordingly may not be offered or sold
within the United States except pursuant to an exemption from, or in a
transaction not subject to, registration under the Securities Act. No public
offering of the Placing shares will be made in the United States. Any offering
to be made in the United States will be made to a limited number of QIBs
pursuant to an exemption from registration under the Securities Act in a
transaction not involving any public offering. The Placing Shares are being
offered and sold outside the United States in accordance with Regulation S under
the Securities Act.
Date: 22/11/2006 01:15:09 PM Produced by the JSE SENS Department
