Chesnara PLC Publication of a Prospectus (1223Q)
November 24 2016 - 12:25PM
UK Regulatory
TIDMCSN
RNS Number : 1223Q
Chesnara PLC
24 November 2016
THIS ANNOUNCEMENT, AND THE INFORMATION CONTAINED IN IT, IS NOT
FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART,
DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA,
CANADA, JAPAN, NEW ZEALAND OR ANY OTHER JURISDICTION IN WHICH THE
SAME WOULD BE UNLAWFUL.
THIS ANNOUNCEMENT IS AN ADVERTISEMENT AND NOT A PROSPECTUS.
INVESTORS SHOULD NOT PURCHASE OR SUBSCRIBE FOR ANY SECURITIES
REFERRED TO IN THIS ANNOUNCEMENT EXCEPT ON THE BASIS OF INFORMATION
CONTAINED IN THE PROSPECTUS PUBLISHED BY THE COMPANY TODAY IN
CONNECTION WITH THE AQUISITION AND THE FIRM PLACING AND PLACING AND
OPEN OFFER.
24 November 2016
Chesnara plc ("Chesnara" or the "Company")
Publication of Prospectus
Further to the announcement earlier today by Chesnara regarding
the Acquisition for EUR160 million (c.GBP135.6 million) and the
Firm Placing and Placing and Open Offer to raise approximately
GBP70 million, the Company announces that the Prospectus has been
approved by the UK Listing Authority.
Copies of the Prospectus along with the Form of Proxy and, where
applicable, the Application Form, will be posted to Shareholders
today. The Prospectus and the Form of Proxy will be made available
on Chesnara's website www.chesnara.co.uk and will be submitted to
the National Storage Mechanism, where they will be available for
inspection at www.morningstar.co.uk/uk/NSM.
Capitalised terms not otherwise defined in the text of this
announcement have the meanings given in the Company's announcement
earlier today.
Enquiries:
Chesnara plc
John Deane, Chief Executive +44 (0)1772 972079
David Rimmington, Finance Director +44 (0)1772 972079
Shore Capital
Sponsor and joint global co-ordinator and joint bookrunner
Hugh Morgan +44 (0)20 7408 4090
Toby Gibbs
Panmure Gordon
Joint global co-ordinator and joint bookrunner
Dominic Morley +44 (0)20 7886 2500
Charles Leigh-Pemberton
Stifel Nicolaus Europe Limited (trading as Keefe, Bruyette &
Woods)
Financial Adviser in relation to the Acquisition and Placing
Agent
Stephen Howard +44 (0)20 7663 5400
Max Cornu-Thenard
FWD Consulting
Financial PR +44 (0)20 7280 0651
Roddy Watt +44 (0)7714 770493
IMPORTANT NOTICE
Shore Capital is acting as sole sponsor in relation to the
Acquisition and the Firm Placing and Placing and Open Offer and
Shore Capital and Panmure Gordon (UK) Limited ("Panmure Gordon") is
acting as joint global co-ordinators and joint bookrunner in
relation to the Firm Placing and Placing and Open Offer. References
to "Shore Capital" refer to Shore Capital and Corporate Limited
and/or Shore Capital Stockbrokers Limited, as the context
admits.
Shore Capital is authorised and regulated in the UK by the FCA,
and is acting exclusively for the Company and no one else in
connection with the contents of this announcement, the Acquisition,
the Firm Placing and Placing and Open Offer, Admission or any other
matters referred to in this announcement and will not regard any
other person (whether or not a recipient of this announcement) as a
client in relation to the Acquisition, the Firm Placing and Placing
and Open Offer, Admission or any other matters referred to in this
announcement and will not be responsible for providing the
protections afforded to their clients nor for giving advice in
relation to the contents of this announcement, the Acquisition, the
Firm Placing and Placing and Open Offer, Admission or any other
matter or arrangement referred to in this announcement.
Panmure Gordon, which is authorised and regulated in the UK by
the FCA, has been appointed as joint global co-ordinator and joint
bookrunner in connection with the Firm Placing and Placing and Open
Offer and Admission and is acting exclusively for the Company and
no one else in connection with the contents of this announcement,
the Firm Placing and Placing and Open Offer, Admission or any other
matters referred to in this announcement and will not regard any
other person (whether or not a recipient of this announcement) as a
client in relation to the Firm Placing and Placing and Open Offer,
Admission or any other matters referred to in this announcement and
will not be responsible for providing the protections afforded to
its clients nor for giving advice in relation to the contents of
this announcement, the Firm Placing and Placing and Open Offer,
Admission or any other matter or arrangement referred to in this
announcement.
Stifel Nicolaus Europe Limited (trading as Keefe, Bruyette &
Woods), which is authorised and regulated in the UK by the FCA, has
been appointed as financial adviser in connection with the
Acquisition and placing agent in connection with the Firm Placing
and Placing and Open Offer and Admission and is acting exclusively
for the Company and no one else in connection with the contents of
this announcement, the Firm Placing and Placing and Open Offer,
Admission or any other matters referred to in this announcement and
will not regard any other person (whether or not a recipient of
this announcement) as a client in relation to the Firm Placing and
Placing and Open Offer, Admission or any other matters referred to
in this announcement and will not be responsible for providing the
protections afforded to its clients nor for giving advice in
relation to the contents of this announcement, the Firm Placing and
Placing and Open Offer, Admission or any other matter or
arrangement referred to in this announcement.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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