Publication of Suppl.Prospcts

RNS Number : 7614I

Honeycomb Investment Trust PLC

12 August 2019

 

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA (OTHER THAN THE UNITED KINGDOM), CANADA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL.

This announcement is an advertisement only and does not constitute a prospectus.  Investors who wish to subscribe for or purchase shares in the Company are reminded that any such subscription or purchase should only be made on the basis of the information contained in the Company's prospectus dated 21 December 2018 (as supplemented by a supplementary prospectus dated 12 August 2019 and any further supplement thereto), and not on the information contained in this announcement.  This is a financial promotion and not intended to be investment advice.

12 August 2019

Honeycomb Investment Trust plc

Publication of Supplementary Prospectus

Honeycomb Investment Trust plc (the "Company") announces that it has published a supplementary prospectus approved by the Financial Conduct Authority (the "Supplementary Prospectus"). The publication of the Supplementary Prospectus is a regulatory requirement under the Prospectus Rules following the publication of the Company's Annual Report and Audited Financial Statements for the year ended 31 December 2018.

The Supplementary Prospectus is supplemental to, and should be read in conjunction with, the prospectus published by the Company on 21 December 2018 in relation to the Placing Programme (the "Prospectus").

The Supplementary Prospectus will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM and on the Company's website at www.honeycombplc.com.

Terms used and not defined in this announcement have the meanings given in the Prospectus.

ENQUIRIES

For further information, please contact:

Link Company Matters Limited - Corporate Secretary

Paula O'Reilly

020 7954 9796

Pollen Street Capital Limited

Chris Palmer / Steve Plowman
020 3728 6750

Liberum Capital Limited

Chris Clarke / Louis Davies
020 3100 2000

IMPORTANT NOTICE

This announcement, which constitutes a financial promotion for the purposes of the Financial Services and Markets Act 2000 and which has been prepared by, and is the sole responsibility of, the Company, has been approved solely for the purposes of section 21(2)(b) of the Financial Services and Markets Act 2000 by a company that is authorised and regulated by the UK Financial Conduct Authority ("FCA").

This announcement is an advertisement and does not constitute a prospectus relating to the Company and does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any Placing Shares in the Company in any jurisdiction 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 or act as any inducement to enter into, any contract therefor.

The information contained in this announcement is for background purposes only and does not purport to be full or complete.  Investors should not purchase or subscribe for any transferable securities referred to in this announcement except on the basis of information contained in the Prospectus and Supplementary Prospectus (and any further supplement thereto).  Copies of the Prospectus are available for viewing and copies of the Supplementary Prospectus will shortly be made available for viewing at the National Storage Mechanism at http://www.morningstar.co.uk/uk/NSM and on the Company's website.

The Placing Shares are only suitable for investors: (i) who are institutional, professional and highly knowledgeable (including those who are professionally advised); (ii) for whom an investment in the Placing Shares is part of a diversified investment programme; and (iii) who fully understand and are willing to assume the risks involved in such an investment, including the potential risks of capital loss and that there may be limited liquidity in the underlying investments of the Company. The value of shares and the income from them is not guaranteed and can fall as well as rise due to stock market and currency movements.  When you sell your investment you may get back less than you originally invested. If you are in any doubt about the contents of this announcement you should consult your accountant, legal or other professional adviser or financial adviser.  Past performance is not a guide to future performance and the information in this announcement or any documents relating to the Placing cannot be relied upon as a guide to future performance.

Liberum Capital Limited, which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting only for the Company in connection with the matters described in this announcement and is not acting for or advising any other person, or treating any other person as its client, in relation thereto and will not be responsible for providing the regulatory protection afforded to clients of Liberum Capital Limited or advice to any other person in relation to the matters contained herein.

Neither Liberum Capital Limited nor Pollen Street Capital Limited, nor any of their respective directors, officers, employees, advisers or agents accepts any responsibility or liability whatsoever for, or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of, the information in this announcement (or whether any information has been omitted from the announcement) or any information relating to the Company, whether written, oral, or in a visual or electronic form, and howsoever transmitted or made available or any loss howsoever arising from any use of this announcement or its contents or otherwise in connection with it.

The Placing Shares have not been, nor will they be, registered under the US Securities Act of 1933, as amended (the "Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United States or under the applicable securities laws of any member state of the EEA (other than the United Kingdom), Australia, Canada, Japan, or South Africa.  Accordingly, subject to certain exceptions, the Placing Shares may not be offered or sold in any member state of the EEA (other than the United Kingdom), the United States, Australia, Canada, Japan or South Africa or to or for the account or benefit of any national, resident or citizen of any member state of the EEA (other than the United Kingdom), the United States, Australia, Canada, Japan, South Africa or to or for the account or benefit of US persons (as defined in Regulation S under the Securities Act). The Placing and the distribution of this announcement in other jurisdictions may be restricted by law and the persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions.

The Company has not been, and will not be, registered under the US Investment Company Act of 1940, as amended.

This announcement may include "forward-looking statements".  All statements other than statements of historical fact included in this announcement, including, without limitation, those regarding any target returns, are forward-looking statements.  Forward-looking statements are subject to risks and uncertainties and accordingly the Company's actual future financial results and performance may differ materially from the results and performance expressed in, or implied by, the statements. These factors include but are not limited to those described in the Prospectus and Supplementary Prospectus.  These forward-looking statements speak only as at the date of this announcement.  The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect actual results or any change in the assumptions, conditions or circumstances on which any such statements are based unless required to do so by the Financial Services and Markets Act 2000, the Listing Rules or Prospectus Rules of the Financial Conduct Authority or other applicable laws, regulations or rules.

 

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