Results of Offers of C Shares

RNS Number : 9732S

Henderson Intl. Income Trust PLC

14 November 2013

 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, TO US PERSONS OR INTO OR FROM THE UNITED STATES, OR INTO OR FROM AUSTRALIA, CANADA, JAPAN, NEW ZEALAND OR THE REPUBLIC OF SOUTH AFRICA

This announcement is an advertisement and not a prospectus. This announcement does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any shares in Henderson International Income Trust PLC (the "Company") or securities in any other entity, in any jurisdiction, including the United States, nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with, any contract or investment decision whatsoever, in any jurisdiction. This announcement does not constitute a recommendation regarding any securities.

Any investment decision must be made exclusively on the basis of the Prospectus (defined below) which has been published today by the Company and any supplement thereto in connection with the admission of C Shares and/or Ordinary Shares of the Company to the premium segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities.

14 November 2013

Henderson International Income Trust PLC

Results of Placing, Open Offer and Offer for Subscription of C Shares

The Board of the Company is pleased to announce that the Company has received applications under the Placing, Open Offer and Offer for Subscription for 21,000,000 C Shares. The gross proceeds of the issue will amount to £21,000,000 which, after expenses of 2 per cent., will result in an additional £20,580,000 being available for the Company to pursue its investment objective.

The issue remains conditional upon passing the resolutions to be proposed at the extraordinary general meeting of the Company, to be held at 12.30pm on 18 November, and admission of the C Shares to the premium segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities. It is expected that such admission will become effective, and dealings on the London Stock Exchange will commence, on 19 November 2013.

The expected Net Asset Value per C Share at Admission will be 98 pence per share. The ticker symbol for the Company's C Shares will be 'HINC' (ISIN: GB00BFMYZ981). The terms and timing of the conversion of the C Shares into Ordinary Shares will be announced in due course.

For further information, please contact:

Ben Lofthouse

Portfolio Manager, Henderson International Income Trust plc

Telephone: [phone]

James de Sausmarez

Director and Head of Investment Trusts

Henderson Global Investors

Telephone: [phone]

Paul Fincham and Robert Naylor

Panmure Gordon

Telephone: [phone]

Important Information

Save for expressions defined in this announcement, words and expressions defined in the Prospectus and Circular shall have the same meaning in this announcement.

Panmure Gordon (UK) Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting for the Company and for no-one else in connection with the contents of this announcement, and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Panmure Gordon (UK) Limited nor for providing advice in connection with the contents of this announcement or any other matter referred to herein. Panmure Gordon (UK) Limited is not responsible for the contents of this announcement. This does not exclude or limit any responsibilities which Panmure Gordon (UK) Limited may have under the Financial Services and Markets Act 2000 or the regulatory regime established thereunder.

 

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