Capital & Regional Regulatory News (CAL)

20 Jun 2005 12:56

Capital & Regional plc20 June 2005 Not for release, publication or distribution in, or into the United States,Canada, Australia or Japan FOR IMMEDIATE RELEASE 20 June 2005 CAPITAL & REGIONAL PLC issue of new ordinary shares Further to this morning's announcement Capital & Regional plc announces that UBSLimited has placed on its behalf 3,360,000 new ordinary shares representing justunder 5% of the existing issued share capital at a price of 815 pence per share(the "Placing"). The Placing is conditional inter alia on the admission of the new ordinaryshares by the UK Listing Authority, their admission to trading on the LondonStock Exchange, for which application has been made and commencement of dealingsin the new ordinary shares. Dealings in the new ordinary shares, which will rankpari passu in all respects with the existing ordinary shares in the company, areexpected to commence on Thursday 23 June 2005. - ENDS - For further information: Capital & Regional Martin Barber, Chief Executive Tel. 020 7932 8101 William Sunnucks, Group Finance Director Tel. 020 7932 8125 UBS Limited Tim Guest / Michael Aaron Tel. 020 7568 2549 gcg hudson sandler Michael Sandler / James Benjamin Tel. 020 7796 4133 Disclaimers This announcement has been issued by, and is the sole responsibility of, Capital& Regional. UBS Limited is acting for Capital & Regional in connection with thePlacing and no-one else and will not be responsible to anyone other than Capital& Regional for providing the protections offered to clients of UBS Limited norfor providing advice in relation to the Placing. Members of the public are not eligible to take part in the Placing. Thisannouncement, in so far as it constitutes an invitation or inducement toparticipate in the Placing, is directed only at persons who have professionalexperience in matters relating to investments who fall within article 19(1) ofThe Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (asamended) (the "Order") or are persons falling within article 49(2) (a) to (d) ofthe Order (all such persons together being referred to as "Relevant Persons").This announcement, in so far as it constitutes an invitation or inducement toparticipate in the Placing, must not be acted on or relied on by persons who arenot Relevant Persons. Any investment or inducement activity in so far asrelating to participation in the Placing is available only to Relevant Personsand will be engaged in only with Relevant Persons. This announcement does not constitute an offer of securities for sale in theUnited States. The information contained herein is not for publication ordistribution to persons in the United States. The new ordinary shares have notbeen and will not be registered under the U.S. Securities Act of 1933 (the"Securities Act") and may not be offered or sold in the United States unlessthey are registered with the U.S. Securities and Exchange Commission or pursuantto an exemption from the registration requirements of the Securities Act. This information is provided by RNS The company news service from the London Stock Exchange