Amlin PLC
28 November 2005
PRESS RELEASE
For immediate release
28 November 2005
Amlin plc
Rights Issue - successful placement of rump
Following the announcement earlier today regarding valid acceptances under the
Rights Issue, Amlin plc announces that Hoare Govett has procured subscribers for
the 4,454,261 New Ordinary Shares offered pursuant to the Rights Issue for which
valid acceptances were not received, at a price of 225p per share.
The net proceeds, after the deduction of the issue price of 175p per share, will
be paid pro rata to those persons whose rights have lapsed in accordance with
the terms of the Rights Issue.
Definitions used in the Prospectus dated 2 November 2005 shall have the same
meanings when used in this announcement, unless the context requires otherwise.
28 November 2005
-Ends-
Enquiries:
Charles Pender 020 7746 1000
Secretary
Amlin plc
Hoare Govett Limited, which is authorised and regulated in the United Kingdom by
the Financial Services Authority, is acting as sponsor, underwriter, broker and
joint financial adviser to Amlin in connection with the Rights Issue and the
listing of the New Ordinary Shares on the Official List and their admission to
trading on the London Stock Exchange's market for listed securities and will not
be responsible to anyone other than Amlin for providing the protections afforded
to clients of Hoare Govett Limited or for providing advice in relation to the
Rights Issue, proposed listing or admission to trading or the contents of this
announcement or any other matters referred to in this announcement.
Lexicon Partners Limited, which is authorised and regulated in the United
Kingdom by the Financial Services Authority, is acting as joint financial
adviser to Amlin in connection with the Rights Issue and the listing of the New
Ordinary Shares on the Official List and their admission to trading on the
London Stock Exchange's market for listed securities and will not be responsible
to anyone other than Amlin for providing the protections afforded to customers
of Lexicon Partners Limited or for providing advice in relation to the Rights
Issue, proposed listing or admission to trading or the contents of this
announcement or any other matters referred to in this announcement.
The release, publication or distribution of this announcement in certain
jurisdictions may be restricted by law and therefore persons in such
jurisdictions into which this announcement is released, published or distributed
should inform themselves about and observe such restrictions.
No offer, invitation or inducement to acquire shares or other securities in
Amlin is being made by or in connection with this announcement. Any offer,
invitation or inducement to acquire shares in Amlin will be made solely by means
of the prospectus published on 2 November 2005, and any decision to keep, buy or
sell shares in Amlin should be made solely on the basis of the information
contained in such document.
This announcement is not for distribution or transmission, directly or
indirectly, in or into the United States, Canada, Australia, Japan, New Zealand
or the Republic of South Africa and does not constitute, or form part of, an
offer to sell or the solicitation of an offer to subscribe for or buy any
securities ('Securities'), nor the solicitation of any vote or approval in any
jurisdiction, nor shall there be any sale, issue or transfer of the Securities
referred to in this announcement in any jurisdiction in contravention of
applicable law.
The Securities have not been and will not be registered under the US Securities
Act of 1933, as amended (the 'Securities Act') and may not be offered or sold in
the United States unless registered under the Securities Act or an exemption
from such registration is available. No public offering of Securities of Amlin
is being made in the United States.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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