IG Group Holdings plc
25 July 2006
Not for release or distribution or publication in whole or part in or into the
United States, Canada, Japan or Australia.
25 July 2006
IG GROUP HOLDINGS PLC
('IG Group' or the 'Company')
Pricing of Share Placing by IG Group's directors, employees and their related
interests
IG Group Holdings plc ('IG Group' or the 'Company') (the 'Selling
Shareholders'), announces the pricing of an accelerated bookbuilt secondary
placing (the 'Placing') of 20,098,650 million ordinary shares of 0.005p in IG
Group (the 'IG Group Shares') by a number of IG Group's directors, employees and
their related interests. The Placing represents 6.1% of the outstanding issued
share capital of IG Group. UBS Limited ('UBS') acted as sole global co-ordinator
and bookrunner.
The Placing was priced at 210p per IG Group Share
Enquiries:
IG Group
Tim Howkins Tel: +44 (0) 20 7896 0011
Financial Dynamics
Rob Bailhache Tel: +44 (0) 20 7269 7200
Nick Henderson
UBS Limited
Christopher Smith Tel: + 44 (0)20 7568 4389
Tom Shippey Tel: + 44 (0)20 7568 7320
MEMBERS OF THE GENERAL PUBLIC ARE NOT ELIGIBLE TO TAKE PART IN THE PLACING. THIS
ANNOUNCEMENT AND ANY OFFER OF SECURITIES TO WHICH IT RELATES ARE ONLY ADDRESSED
TO AND DIRECTED AT PERSONS WHO ARE (1) QUALIFIED INVESTORS WITHIN THE MEANING OF
DIRECTIVE 2003/71/EC AND ANY RELEVANT IMPLEMENTING MEASURES (THE ' PROSPECTUS
DIRECTIVE') AND (2) WHO HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING TO
INVESTMENTS WHO FALL WITHIN ARTICLE 19(1) OF THE FINANCIAL SERVICES AND MARKETS
ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (THE 'ORDER') OR ARE PERSONS FALLING
WITHIN ARTICLE 49(2)(A) TO (D) ('HIGH NET WORTH COMPANIES, UNINCORPORATED
ASSOCIATIONS, ETC') OF THE ORDER (ALL SUCH PERSONS TOGETHER BEING REFERRED TO AS
'RELEVANT PERSONS'). THE INFORMATION REGARDING THE PLACING SET OUT IN THIS
ANNOUNCEMENT MUST NOT BE ACTED ON OR RELIED ON BY PERSONS WHO ARE NOT RELEVANT
PERSONS. ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT
RELATES IS AVAILABLE ONLY TO RELEVANT PERSONS AND WILL BE ENGAGED IN ONLY WITH
RELEVANT PERSONS.
This announcement does not constitute or form part of any offer of securities,
or constitute a solicitation of any offer to purchase or subscribe for
securities. Neither this announcement nor any copy of it may be taken, released,
published, transmitted or distributed, directly or indirectly in or into the
United States, Canada, Australia or Japan, or any jurisdiction where such
announcement would be unlawful. Any failure to comply with this restriction may
constitute a violation of United States, Canadian, Australian or Japanese
securities laws, or any jurisdiction where such announcement would be unlawful.
No action has been taken by the Selling Shareholders, or any of their respective
affiliates, or any other person that would permit an offer of the Placing Shares
or possession or distribution of this announcement or any other offering or
publicity material relating to the Placing Shares in any jurisdiction where
action for that purpose is required. Persons into whose possession this
announcement comes into should inform themselves about and observe any such
restrictions.
This announcement does not constitute an offer of securities for sale in any
jurisdiction, including the United States. The securities referred to herein
have not been and will not be registered under the US Securities Act of 1933
(the 'Securities Act'), and may not be offered or sold in the United States
unless they are registered under the Securities Act or pursuant to an available
exemption therefrom. No public offering of securities of IG Group Holdings plc
is being made in the United States.
Any investment decision to buy securities in the Placing must be made solely on
the basis of publicly available information which has not been independently
verified by UBS or the Selling Shareholders.
UBS are acting for the Selling Shareholders only in connection with the Placing,
and no one else, and will not be responsible to anyone other than the Selling
Shareholders for providing the protections offered to clients of UBS nor for
providing advice in relation to the Placing.
This does not constitute a recommendation concerning the Placing. The value of
shares can go down as well as up. Past performance is not a guide to future
performance. Potential investors should consult a professional adviser as to the
suitability of any offering for the individual concerned.
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.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.