Publication of Prospectus

RNS Number : 0445C

Quintain Estates & Development PLC

05 November 2009

 



This announcement is not for distribution, directly or indirectly, in whole or in part, in or into the United States, Australia, Canada, South Africa or Japan or to US Persons. 

Quintain Estates and Development plc 

5 November 2009

Publication of Prospectus

Further to the announcement today in relation to a rights issue to raise gross proceeds of £191.2 million (approximately £183.5 million net of expenses) through the issue of 390,160,296 New Ordinary Shares at 49 pence each, Quintain Estates and Development plc ("Quintain" or the "Company") announces that a prospectus relating to the rights issue (the "Prospectus") was approved by the UK Listing Authority (the "UKLA") earlier today.

The Prospectus is expected to be posted to shareholders today, and copies of the Prospectus, which includes a notice convening a general meeting of the Company to be held at 16 Grosvenor Street, London, W1K 4QF at 10.00 a.m. on 24 November 2009, will shortly be available for inspection at the UKLA's Document Viewing Facility, which is situated at Financial Services Authority, 25 North Colonnade, Canary Wharf, London E14 5HS.

In addition, the Prospectus will shortly be available to view on the Company's website (www.quintain-estates.com) and at the Company's registered address during business hours.

ENQUIRIES: 

Quintain Estates and Development plc	020 7495 8968
Rebecca Worthington / Cressida Curtis
Financial Dynamics	020 7831 3113
Stephanie Highett / Dido Laurimore /   Laurence Jones

IMPORTANT NOTICE: 

This announcement does not constitute or form part of any offer or invitation to purchase, otherwise acquire, subscribe for, sell, otherwise dispose of or issue, or any solicitation of any offer to sell, otherwise dispose of, issue, purchase, otherwise acquire or subscribe for, any security.

This announcement is an advertisement and does not constitute a prospectus or prospectus equivalent document. Nothing in this announcement should be interpreted as a term or condition of the Rights Issue. Any decision to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any Provisional Allotment Letter, Nil Paid Rights, Fully Paid Rights, and/or New Shares must be made only on the basis of the information contained in and incorporated by reference into the Prospectus.

This announcement does not constitute or form part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be offered or sold in the United States absent registration, or an exemption from registration, under the US Securities Act of 1933, as amended (the "Securities Act"), or an exemption from, or in a transaction not subject to, registration. The Company has not registered and does not intend to register any securities under the Securities Act. There will be no public offering of the securities in the United States. Subject to certain exceptions, the securities referred to herein may not be offered or sold in Australia, Canada or, Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan. The offer and sale of the securities referred to herein has not been and will not be registered under the applicable securities laws of Australia, Canada, South Africa or Japan.

 

END

 

 

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