CIHL.L Regulatory News (CIHL)

25 Oct 2007 14:30

BB Holdings Ltd25 October 2007 BB Holdings Limited ("BB Holdings" or the "Company") revision of timetable forplacing of US$50,000,000 loan notes and 11,094,442 warrants to subscribe for newordinary shares of the Company at an exercise price of US$6.50 per new ordinaryshare Belize City, Belize, October 25, 2007. On October 11, 2007, the Companyannounced a placing of US$50,000,000 10 per cent. series 2 fixed rate,unsecured, loan notes with a maturity date of November 2, 2014, together with11,094,442 warrants to subscribe for new ordinary shares of the Company at anexercise price of US$6.50 per new ordinary share, until August 2, 2014 (the"Warrants") (the "Placing"). The Company announced at that time that it would seek admission of the Warrantsto be issued pursuant to the Placing to be sought for November 2, 2007. However,in view of the postal strikes which have occurred, it has come to the directors'attention that several shareholders received their Placing documents later thananticipated and therefore, the Company is extending the period for requests totake part in the Placing for an additional two weeks and admission to AIM forthe Warrants will now be sought on November 21, 2007. Contacts: BB Holdings Limited Makinson Cowell Cenkos Securities plcBelize +501 227 7178 +1 (212) 994 9044 +44 (0)20 7397 8900UK +44 (0)20 7248 6700 This information is provided by RNS The company news service from the London Stock Exchange