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Pin to quick picksDp Aircraft I Regulatory News (DPA)

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DP Aircraft I is an Investment Trust

To obtain income returns and a capital return for its shareholders by acquiring, leasing and selling aircraft.

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Publication of Prospectus

5 Jun 2015 18:16

RNS Number : 4416P
DP Aircraft I Limited
05 June 2015
 



THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR PUBLICATION, RELEASE, OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN, OR INTO, THE UNITED STATES, AUSTRALIA, NEW ZEALAND, SOUTH AFRICA, CANADA, JAPAN OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES, AUSTRALIA, NEW ZEALAND, SOUTH AFRICA, CANADA, JAPAN OR ANY JURISDICTION IN WHICH SUCH AN OFFER OR SOLICITATION IS UNLAWFUL.

 

This announcement is an advertisement and not a prospectus. Investors should not purchase or subscribe for any transferable securities referred to in this announcement except on the basis of information contained in the prospectus to be published by DP Aircraft I Limited (the "Company") in connection with the proposed placing (the "Placing") and the admission of the New Shares to trading on The London Stock Exchange plc's Specialist Fund Market (the "Prospectus"). This announcement is not an offer to sell, or a solicitation of an offer to acquire, securities in the United States or in any other jurisdiction. Neither this announcement nor any part of it shall form the basis of or be relied on in connection with or act as an inducement to enter into any contract or commitment whatsoever.

 

 

DP Aircraft I Limited

 

Publication of Prospectus

 

5 June 2015

 

Introduction

 

The Board of Directors of DP Aircraft I Limited (the "Company") is pleased to announce that the Company has today published a prospectus (the "Prospectus") in connection with the placing of 96,333,333 new ordinary preference shares of no par value (the "New Shares") at 105.89 cents per share to raise gross proceeds of US$102 million (the "Placing"). The net proceeds will be used by the Company to finance the acquisition of two Boeing 787-8 aircraft from AerCap Ireland Capital Limited, to be leased to Thai Airways International Public Company Limited.

 

Expected Timetable

 

Latest time and date for commitments under the Placing noon on 9 June 2015

 

Result of Placing announced 10 June 2015

 

Dealings in New Shares commence on the SFM 12 June 2015

 

Crediting of CREST stock accounts in respect of the New Shares 12 June 2015

 

Share certificates dispatched week commencing 15 June 2015

 

 

The Prospectus will be available on the Company's website at www.dpaircraft.com and will be submitted to the National Storage Mechanism and available for inspection at www.morningstar.co.uk/uk/MSN.

 

 

For further information please contact:

 

Dexion Capital (Guernsey) Limited, Company Secretary

01481 743940

Kellie Blondel

Carol Kilby

 

DS Aviation GmbH & Co. KG

+ 49 231 557 173 300

Christian Mailly

 

Canaccord Genuity Limited

020 7523 8000

Dominic Waters

Neil Brierley

Will Barnett

David Yovichic

Helen Goldsmith

 

This document is not for release, publication or distribution (directly or indirectly) in or into the United States, Australia, New Zealand, South Africa, Canada or Japan or to any "US person" as defined in Regulation S under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or into any other jurisdiction where applicable laws prohibit its release, distribution or publication. It does not constitute an offer of securities for sale anywhere in the world, including in or into the United States, Australia, New Zealand, South Africa, Canada or Japan. No recipient may distribute, or make available, this document (directly or indirectly) to any other person. Recipients of this document in jurisdictions outside the UK should inform themselves about and observe any applicable legal requirements in their jurisdictions. In particular, the distribution of this document may in certain jurisdictions be restricted by law.

 

The New Shares have not been and will not be registered under the U.S. Securities Act or with any securities regulatory authority of any state or other jurisdiction of the United States and, subject to certain exceptions, may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons. The Company will not be registered as an "investment company" under the U.S. Investment Company Act of 1940, as amended, and investors will not be entitled to the benefits of that Act. In addition, relevant clearances have not been, and will not be, obtained from the securities commission (or equivalent) of any province of Australia, New Zealand, South Africa, Canada or Japan and, accordingly, unless an exemption under any relevant legislation or regulations is applicable, none of the New Shares may be offered, sold, renounced, transferred or delivered, directly or indirectly, in Australia, New Zealand, South Africa, Canada or Japan.

 

Canaccord Genuity Limited ("Canaccord Genuity") is authorised and regulated by the UK Financial Conduct Authority. Canaccord Genuity is not acting as adviser to any recipient of this document and will not be responsible to any recipient of the document for providing the protections afforded to clients of any of them or for providing advice in connection with this document or any of the matters referred to herein.

 

This document is an advertisement and not a prospectus and investors must only subscribe for or purchase the securities referred to in this document on the basis of information contained in the Prospectus to be published in connection with the Placing and not in reliance on this document. This document does not contain sufficient information to support an investment decision and investors should ensure that they obtain all available relevant information before making any investment. This document does not constitute and may not be construed as an offer to sell, or an invitation to purchase, investments of any description, nor as a recommendation regarding the possible offering or the provision of investment advice by any party.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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