888 Holdings plc
31 October 2005
888 Holdings plc
31 October 2005
THIS DOCUMENT MAY NOT BE DISTRIBUTED IN OR INTO THE UNITED STATES, BELGIUM,
DUBAI, AUSTRALIA, CANADA OR JAPAN OR TO A RESIDENT, NATIONAL OR CITIZEN OF THE
UNITED STATES, BELGIUM, DUBAI, AUSTRALIA, CANADA OR JAPAN.
End of Stabilisation Notice: 888 Holdings plc
In connection with the offer in relation to the following ordinary shares:
Ordinary shares of each £0.005 (the 'Securities')
888 Holdings PLC ('888')
ISIN: GI000A0F6407
Offer Price: 175 pence
Number of Securities sold in the Offer: 84,399,508
Stabilisation Period-
Commencement: 29 September 2005
End (last transaction): 28 October 2005
Subsequent to the earlier stabilisation notice published on 29 September 2005 in
connection with the offer of 84,399,508 ordinary shares of each £0.005 of 888
Holdings plc (the 'offer') HSBC Bank plc (the stabilisation manager) announces
that the stabilisation period has now ended. HSBC Bank plc confirms that the
following transactions were effected during the stabilisation period:
Date: Price Range for the Day:
29 September: 165p - 175p
6 October: 163p - 165p
7 October: 160.75p - 162p
10 October: 143p - 160p
11 October: 140p - 143p
12 October: 150p - 152p
13 October: 146.5p - 153p
14 October: 144p - 149p
17 October: 135p - 143p
18 October: 133p - 135p
19 October: 130p - 132p
20 October: 135p - 141p
21 October: 142.5p - 151.25p
25 October: 160p - 164p
26 October: 163p - 165.5p
27 October: 163p - 165.5p
28 October: 164.5p - 166p
Basis of preparation
HSBC is acting for 888 and its principal shareholders in connection with the
Offer and for no one else and will not be responsible to anyone other than 888
or its principal shareholders for providing the protections afforded to clients
of HSBC or for providing advice in relation to the Offer, the contents of this
announcement or any matters referred to herein.
This announcement 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 securities and any purchase of or application for securities of 888 pursuant
to the Offer should only be made on the basis of the information contained in
the formal prospectus published on 15 September 2005 in connection with the
Offer (the 'Prospectus'), the pricing statement dated 29 September 2005 in
connection with the Offer (the 'Pricing Statement') and any statement or
amendment thereto. The Prospectus and Pricing Statement contain detailed
information about 888 and its management, as well as financial statements and
other financial data. The Prospectus and Pricing Statement are available from
HSBC Bank plc of 8 Canada Square, London E14 5HQ and Freshfields Bruckhaus
Deringer of 65 Fleet Street, London EC4Y 1HS.
Shares in 888 have not been and will not be registered under the US Securities
Act of 1933 (as amended) (the 'Securities Act') and may not be offered or sold
within the United States. The Shares are being offered and sold outside of the
United States in reliance on Regulation S of the Securities Act.
This announcement is not for distribution, directly or indirectly, in or into
the United States. It is not an offer of securities for sale into the United
States. The Shares may not be offered or sold in the United States, unless they
are registered or exempt from registration under the securities act. There will
be no public offer of securities in the United States.
Shares in 888 have not been and will not be registered under the applicable
securities laws of Australia, Canada or Japan and may not be offered or sold
within Belgium, Dubai, Australia, Canada or (subject to certain exceptions)
Japan or to, or for the account or benefit of, citizens or residents of Belgium,
Dubai, Australia, Canada or (subject to certain exceptions) Japan.
Contacts and enquiries
Rupert Faure Walker, European Advisory Group +44 (0)20 7992 2101
Nick Donald, Equity Capital Markets +44 (0)20 7992 2151
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.
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