Publication of Prospectus

RNS Number : 3998N

Beazley Group PLC

16 February 2009

 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN. 

Beazley Group PLC

16 February 2009

Publication of Prospectus 

Beazley Group PLC confirms that on 13 February 2009 the following prospectus was approved by the UK Listing Authority and was posted to shareholders: 

Prospectus dated 13 February 2009 relating to the Rights Issue and Placing to raise £150 million (net of expenses) by Beazley Group PLC. 

A copy of this document was submitted to the FSA on 13 February 2009 and is available for inspection at the Document Viewing Facility at the Financial Services Authority, 25 North Colonnade, Canary Wharf, London, E14 5HS.

Terms defined in the Prospectus have the same meanings in this announcement. Copies of the prospectus are available for inspection at the offices of Beazley's solicitors Allen & Overy LLP, One Bishops Square, London E1 6AD and at the registered office of Beazley, Plantation Place South, 60 Great Tower Street, London EC3R 5AD during normal business hours on any Business Day from 13 February 2009 until close of business on 3 April 2009. 

Enquiries:
Finsbury Group	020 7251 3801
Vanessa Neill
Andrew Holt

Numis Securities Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively as sponsor, stockbroker, lead manager, lead underwriter and joint financial advisor to the Company in connection with the Rights Issue and Placing and for no one else and will not be responsible to anyone other than the Company for providing the protections afforded to customers of Numis Securities Limited, or for providing advice in relation to the Rights Issue and Placing 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 exclusively as joint financial adviser to the Company in connection with the Rights Issue and Placing and for no one else and will not be responsible to anyone other than the Company for providing the protections afforded to customers of Lexicon Partners Limited, or for providing advice in relation to the Rights Issue and Placing or any other matters referred to in this announcement.

This announcement shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale or purchase of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The availability of the Rights Issue and Placing to persons not resident in the United Kingdom may be affected by the laws of the relevant jurisdictions. Such persons should inform themselves about and observe any applicable requirements.

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. Nothing in this announcement should be interpreted as a term or condition of the Rights Issue and Placing. Any decision to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any Provisional Allotment Letter, Nil Paid Rights, Fully Paid Rights, New Shares and/or Placing Shares must be made only on the basis of the information contained in and incorporated by reference into the Prospectus. 

This announcement is not for release, publication or distribution, directly or indirectly, in whole or in part in, into or from the United States, Canada, Australia, or Japan or any other jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. The Nil Paid Rights, the Fully Paid Rights, any Provisional Allotment Letters, the New Shares and the Placing Shares have not been and will not be registered under the securities laws of such jurisdictions and may not be offered, sold, taken up, exercised, resold, renounced, transferred or delivered, directly or indirectly, within such jurisdictions except pursuant to an exemption from and in compliance with any applicable securities laws.

The distribution of this announcement, the Prospectus and/or the Provisional Allotment Letters and/or the transfer or offering of Nil Paid Rights, Fully Paid Rights, New Shares or Placing Shares into jurisdictions other than the United Kingdom is or may be restricted by law. Persons into whose possession this announcement or any such document comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This announcement and the information contained herein is not an offer of securities for sale or solicitation to buy any securities in the United States. This announcement and the information contained herein is not for distribution in or into the United States. The Nil Paid Rights, the Fully Paid Rights, the New Shares and the Placing Shares have not been and will not be registered under the US Securities Act or with any securities regulatory authority of any state or other jurisdiction. The Nil Paid Rights, the Fully Paid Rights, the New Shares and the Placing Shares may not be offered, sold, taken up, exercised, resold, renounced, transferred or delivered within the United States except in certain transactions exempt from, or not subject to, the registration requirements of the US Securities Act. There will be no public offer of the Nil Paid Rights, the Fully Paid Rights, the New Shares or the Placing Shares in the United States.

 

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