Biome Tech Regulatory News (BIOM)

12 Oct 2006 12:35

Stanelco PLC12 October 2006 Immediate Release 12 October 2006 NOT FOR DISTRIBUTION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THEUNITED STATES OF AMERICA, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA ORJAPAN. Stanelco plc ("Stanelco" or the "Company") Posting of Prospectus Teather & Greenwood Limited, sponsor, financial adviser and stockbroker toStanelco, confirms the prospectus relating to the proposed Firm Placing of1,375,000,000 New Ordinary Shares and the Open Offer of 600,992,559 New OrdinaryShares at 0.8 pence per New Ordinary Share, of which 148,278,000 New OrdinaryShares are being placed subject to clawback to satisfy valid acceptances underthe Open Offer, the Notice of Extraordinary General Meeting and the notificationof the change of accounting reference date to 31 December (together, the "Prospectus"), as announced on 9 October 2006, was posted today to shareholderson the register of members of the Company at the close of business on the recorddate of 6 October 2006. Copies of the Prospectus have been submitted to the UK Listing Authority andwill shortly be available for inspection at the UK Listing Authority's DocumentViewing Facility, which is situated at: Financial Services Authority25 The North ColonnadeCanary WharfLondonE14 5HS Tel. no. 020 7066 1000 Copies of the Prospectus will be available free of charge to the public at theoffices of Teather & Greenwood Limited, Beaufort House, 15 St. Botolph Street,London, EC3A 7QR during normal business hours on any week day (Saturdays andpublic holidays excepted) for the life of the Prospectus and from the Company'swebsite at www.stanelcoplc.com. TIMETABLE OF PRINCIPAL EVENTS The following timetable of principal events, as set out in the Prospectus,replaces the timetable of principal events in the announcement of 9 October2006. 2006 Record Date for the Open Offer close of dealings on 6 October Announcement of the Issue to the London Stock Exchange 9 October Ordinary Shares marked 'ex entitlement' 10 October Prospectus and Application Forms despatched 12 October Open Offer Entitlements credited to CREST stock accounts of 13 OctoberQualifying CREST Shareholders Recommended latest time for requesting withdrawal of Open Offer 4.30 p.m. on 26 OctoberEntitlements from CREST Latest time for depositing Open Offer Entitlements into CREST 3.00 p.m. on 30 October Latest time and date for splitting Application Forms (to satisfy bona 3.00 p.m. on 31 Octoberfide market claims) Latest time and date for receipt of completed Application Forms and 11.00am on 2 Novemberpayment in full under the Open Offer or settlement of relevant CRESTInstruction (as appropriate) Latest time and date for receipt of completed Forms of Proxy 11.00am on 4 November Extraordinary General Meeting 11.00am on 6 November Admission and commencement of dealings in the New Ordinary Shares 7 November Expected date for crediting of New Ordinary Shares to CREST stock 7 Novemberaccounts in uncertificated form Expected date of despatch of definitive certificates for New Ordinary by 21 NovemberShares in certificated form Teather & Greenwood Limited, which is authorised and regulated in the UnitedKingdom by the Financial Services Authority, is acting exclusively for theCompany as sponsor, financial adviser and stockbroker in relation to the Issueand no-one else in connection with the arrangements described in thisannouncement and will not be responsible to anyone other than the Company forproviding the protections afforded to customers of Teather & Greenwood or for advising any other person in connection with the arrangements described in thisannouncement. For further information please contact: Stanelco plcMartin Wagner, Chief ExecutiveSylvia Leavey, Investor RelationsTel: 44 (0) 2380 867 100 Press: Financial DynamicsJonathon Brill/Billy CleggTel: 44 (0) 20 7831 3113 This announcement is for information only and does not constitute an offer orinvitation to acquire or dispose of any securities or investment advice in anyjurisdiction. Past performance is no guide to future performance and persons needing adviceshould consult an independent financial advisor. The information contained in this announcement is not for release, publicationor distribution, directly or indirectly, to persons in the United States,Canada, Australia, Japan or the Republic of South Africa. This announcement isnot an offer of securities for sale into the United States. The New OrdinaryShares have not and will not be registered under the US Securities Act of 1933,as amended and may not be offered or sold directly or indirectly, in the UnitedStates absent registration or an exemption from registration. There will be nopublic offering of securities in the United States. The New Ordinary Shares havenot and will not be registered with any regulatory authority of any state withinthe United States. This announcement has been issued by Stanelco and is the sole responsibility ofStanelco. Defined terms used in this announcement are as used in the Prospectus. This information is provided by RNS The company news service from the London Stock Exchange