Princes Group Regulatory News (PRN)

13 Dec 2005 10:35

Britvic plc13 December 2005 13 December 2005 Not for release or distribution or publication, directly or indirectly, in orinto, the United States, Canada, Japan or Australia. BRITVIC PLC ANNOUNCEMENT OF EXERCISE OF OVER-ALLOTMENT ARRANGEMENTS Britvic plc (the "Company") announces that in connection with the initial publicoffering of the Company (the "Global Offer") Citigroup Global Markets U.K.Equity Limited ("Citigroup") as stabilising manager, on behalf of Deutsche BankAG and the other underwriters, has today given notice to exercise theover-allotment arrangements in respect of 22,954,873 ordinary shares ("OrdinaryShares") of the Company. Following the exercise of the over-allotmentarrangements, 203,930,271 Ordinary Shares will be held in public handsrepresenting a free float of approximately 95% of the issued share capital ofthe Company. As a result of the exercise of the over-allotment arrangements,InterContinental Hotels Group PLC ("IHG") will, on the admission of the OrdinaryShares to the Official List of the Financial Services Authority and to tradingon the London Stock Exchange's market for listed securities ("Admission"), havedisposed of a further 10.7% interest in the Company and consequently, onAdmission, each of IHG, Pernod Ricard S.A. and Whitbread Group PLC will havedisposed of their entire interest in the Company, PepsiCo will continue to holda 5% stake in the Company and the Directors of the Company will holdapproximately 0.05%. This announcement may not be distributed, directly or indirectly, in or into theUnited States, Canada, Australia or Japan. This announcement does not constituteor form part of an offer to sell or issue, or any solicitation of an offer tobuy or subscribe for, any securities referred to herein. The Global Offer andthe distribution of this announcement and other information in connection withthe Global Offer in certain jurisdictions may be restricted by law and personsinto whose possession any document or other information referred to herein comesshould inform themselves about and observe any such restriction. Any failure tocomply with these restrictions may constitute a violation of the securities lawsof any such jurisdiction. The securities mentioned herein have not been, and will not be, registered underthe U.S. Securities Act of 1933 (the "Securities Act"), and may not be offeredor sold in the United States (as such term is defined in Regulation S under theSecurities Act) unless they are registered under the Securities Act or pursuantto an exemption from registration. No public offer of the Ordinary Shares isbeing made in the United States. This information is provided by RNS The company news service from the London Stock Exchange