J.P. Morgan Securities PLC. Proposed Placing in Regus plc (2446K)
19 Setembro 2016 - 12:44PM
UK Regulatory
TIDMRGU
RNS Number : 2446K
J.P. Morgan Securities PLC.
19 September 2016
THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR PUBLICATION,
RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN
PART, IN OR INTO OR FROM THE UNITED STATES, CANADA AUSTRALIA,
JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE
UNLAWFUL TO DO SO.
PROPOSED PLACING OF APPROXIMATELY 37,000,000 ORDINARY SHARES IN
REGUS PLC ("REGUS" OR THE "COMPANY") BY ESTORN LIMITED
19 September 2016
Estorn Limited ("Estorn"), the holding company for Mark Dixon's
shareholding in Regus, announces its intention to sell
approximately 37,000,000 existing ordinary shares of 1 pence each
held in the Company (the "Placing Shares"). The Placing Shares are
held indirectly by Mark Dixon and represent approximately 4.0% of
the Company's total issued ordinary share capital. Following
completion of the Placing, Mark Dixon will continue to be a
significant holder in the Company and will indirectly hold
approximately 257,701,874 ordinary shares in the Company,
representing approximately 27.7% of the Company's ordinary
shares.
The Placing Shares are being offered by way of an accelerated
bookbuild (the "Placing"), which will be launched immediately
following this announcement. Following completion of the Placing,
Estorn has agreed, subject to customary exceptions, to no further
sales of its remaining shareholding in the Company for 90 days
without the consent of J.P. Morgan Securities plc (which conducts
its UK investment banking activities as J.P. Morgan Cazenove)
("J.P. Morgan Cazenove").
J.P. Morgan Cazenove is acting as sole bookrunner in connection
with the Placing. The Placing Shares will rank pari passu with the
Company's ordinary shares.
The final price of the Placing Shares and the number of Placing
Shares to be sold will be agreed by Estorn and J.P. Morgan Cazenove
at the close of the bookbuild process, and the results of the
Placing will be announced as soon as practicable thereafter. The
timing of the closing of the book, pricing and allocations is at
the absolute discretion of J.P. Morgan Cazenove and Estorn.
Enquiries:
J.P. Morgan Cazenove +44 (0)20 7742 4000
Charlie Walker
Edward Digby
MEMBERS OF THE PUBLIC ARE NOT ELIGIBLE TO TAKE PART IN THE
PLACING. THIS ANNOUNCEMENT AND ANY OFFER OF SECURITIES TO WHICH IT
RELATES ARE ONLY DIRECTED AT PERSONS WHO (1) IN ANY MEMBER STATE OF
THE EUROPEAN ECONOMIC AREA ARE QUALIFIED INVESTORS WITHIN THE
MEANING OF DIRECTIVE 2003/71/EC AND ANY RELEVANT IMPLEMENTING
MEASURES (THE "PROSPECTUS DIRECTIVE"); (2) IN THE UK ARE QUALIFIED
INVESTORS (WITHIN SUCH MEANING) WHO ARE ALSO (A) "INVESTMENT
PROFESSIONALS" FALLING WITHIN ARTICLE 19(5) OF THE FINANCIAL
SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (AS
AMENDED) (THE "ORDER"); OR (B) PERSONS FALLING WITHIN ARTICLE
49(2)(A) TO (D) OF THE ORDER (ALL SUCH PERSONS REFERRED TO IN (1)
AND (2) 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 and the information contained herein are for
information purposes only and do not constitute or form part of any
offer or an invitation to acquire or dispose of or sell securities
in any jurisdiction and in particular the United States, Canada,
Australia, Japan, South Africa or in any other jurisdiction in
which such an offer or solicitation is unlawful or would require
the preparation of any prospectus or other offer documentation.
This announcement and the information contained herein, is not
an offer of securities for sale in, and is not for transmission to
or publication, distribution or release, directly or indirectly, in
the United States (which shall include its territories and
possessions, any state of the United States and the District of
Columbia). The securities discussed herein have not been and will
not be registered under the US Securities Act of 1933, as amended
(the "US Securities Act"), or under any applicable securities laws
of any state or other jurisdiction of the United States and may not
be offered, sold, resold, transferred or delivered, directly or
indirectly, in the United States unless registered under the US
Securities Act or pursuant to an exemption from, or in a
transaction not subject to, such registration requirements and in
accordance with any applicable securities laws of any state or
other jurisdiction of the United States. No public offering of the
securities discussed herein is being made in the United States and
the information contained herein does not constitute an offering of
securities for sale in the United States, Canada, Australia, Japan,
South Africa or any jurisdiction in which the same would be
unlawful. Any investment decision to buy securities in the Placing
must be made solely on the basis of publicly available information.
Such information is not the responsibility of and has not been
independently verified by Estorn Limited, Mark Dixon, J.P. Morgan
Cazenove or any of their respective affiliates.
Neither this announcement nor any copy of it may be taken,
transmitted or distributed, directly or indirectly, in or into or
from the United States, Canada, Australia, Japan or South Africa.
Any failure to comply with this restriction may constitute a
violation of United States, Canadian, Australian, Japanese or South
African securities laws.
The distribution of this announcement and the offering or sale
of the shares in certain jurisdictions may be restricted by law. No
action has been taken by the Company, Estorn Limited, Mark Dixon or
J.P. Morgan Cazenove, or any of their respective affiliates that
would, or which is intended to, permit a public offer of the shares
in any jurisdiction or possession or distribution of this
announcement or any other offering or publicity material relating
to the Shares in any jurisdiction where action for that purpose is
required. Persons into whose possession this announcement comes are
required by the Company, Estorn Limited, Mark Dixon and J.P. Morgan
Cazenove to inform themselves about and to observe any such
restrictions.
J.P. Morgan Cazenove is acting for Estorn Limited only in
connection with the Placing, and no one else, and will not be
responsible to anyone other than to Estorn Limited for providing
the protections offered to clients of J.P. Morgan Cazenove nor for
providing advice in relation to the Placing. J.P. Morgan Cazenove
is authorised by the Prudential Regulation Authority and regulated
by the Financial Conduct Authority and the Prudential Regulation
Authority. This statement does not seek to limit or exclude
responsibilities or liabilities which may arise under the FSMA or
the regulatory regime established thereunder.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEGGURWBUPQGAB
(END) Dow Jones Newswires
September 19, 2016 11:44 ET (15:44 GMT)
Regus (LSE:RGU)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
Regus (LSE:RGU)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024