Last checked at 11 Feb 2013 07:00
Final Terms Confirmation Announcement
11 February 2013
THIS DOCUMENT MAY NOT BE DISTRIBUTED IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA, THE REPUBLIC OF IRELAND OR JAPAN OR TO A RESIDENT, NATIONAL OR CITIZEN OF THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA, THE REPUBLIC OF IRELAND OR JAPAN
EnQuest PLC
£145,000,000 5.5 per cent. Bonds due 2022 (the "Bonds")Sizing Announcement
Terms used herein shall be deemed to be defined as such for the purposes of the Final Terms dated 24 January 2013 (the "Final Terms") published by EnQuest PLC ("EnQuest"). This announcement constitutes the Final Terms Confirmation Announcement referred to in the Final Terms and must be read in conjunction with the Prospectus dated 24 January 2013, the Supplement to the Prospectus dated 6 February 2013 (together, the "Prospectus") and the Final Terms.
Issue Date: | 15 February 2013 |
Total principal amount of the Bonds: | £145,000,000 |
Estimated net proceeds of the offer: Expenses relating to admission to trading of the Bonds: | £143,451,900 £1,548,100 |
Amjad Bseisu, Chief Executive of EnQuest, commented:
"We are delighted with the success of our retail bond, the first such bond on ORB issued by an oil company. The bond has received a strong response from investors and the issue allows us to extend the tenor of our borrowings and will complement our already strong balance sheet."
This announcement is not a prospectus for the purposes of EU Directive 2003/71/EC (as amended) (the ''Prospectus Directive'') and/or Part VI of the Financial Services and Markets Act 2000, as amended. Investors should not subscribe for any Bonds referred to in this announcement except on the basis of information in the Prospectus and the Final Terms. Full information on EnQuest and the offer of the Bonds is only available on the basis of the combination of the Prospectus, the Final Terms and this Final Terms Confirmation Announcement. The Prospectus and the Final Terms are available for viewing on the website of the Regulatory News Service operated by the London Stock Exchange.
ENDS
For further information, please see EnQuest's website: www.enquest.com/retailbonds
EnQuest PLC Jonathan Swinney (Chief Financial Officer) Michael Waring (Head of Communications & Investor Relations)
| Tel: +44 (0)20 7925 4900 |
Pelham Bell Pottinger Victoria Geoghegan Duncan Mayall Elizabeth Snow
| Tel: +44 (0)20 7861 3925 |
Numis Securities Michael Dyson Oliver Cardigan Jamie Lillywhite | Tel: +44 (0)20 7260 1000 |
The offering and the distribution of this announcement and other information in connection with the offer in certain jurisdictions may be restricted by law and persons into whose possession this announcement or any document or other information referred to herein, comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase. Any purchase of Bonds pursuant to the offer should only be made on the basis of the information contained in the Prospectus and the Final Terms, available as described above.
The Bonds have not been and will not be registered under the U.S. Securities Act of 1933 (the ''Securities Act'') and, subject to certain exceptions, may not be offered, sold or delivered within the United States. The Bonds are being offered and sold outside of the United States in reliance on Regulation S of the Securities Act, and are subject to certain U.S. tax law requirements.