SEPU.L Regulatory News (SEPU)

29 Aug 2007 13:18

Sepura PLC29 August 2007 THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY ORINDIRECTLY IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN 29 August 2007 Sepura Plc announces exercise of over-allotment option Sepura plc ("Sepura") announces that Goldman Sachs International, acting asstabilising manager in connection with the initial public offering of Sepura'sordinary shares (the "Global Offer"), gave notice on 29 August 2007 to exerciseits over-allotment option in respect of 3,408,829 ordinary shares currentlyowned by the over-allotment selling shareholders at the offer price of 145 penceper ordinary share. None of the proceeds arising from the exercise of theover-allotment option will be received by Sepura. On closing of the over-allotment option, 37,497,114 ordinary shares will be inpublic hands, representing a free float of approximately 27.5 per cent. of theissued share capital of Sepura. Goldman Sachs International, as stabilising manager, has also informed theCompany that the stabilisation period which commenced on 31 July 2007 has nowended and no stabilisation transactions were carried out. Enquiries: For further information please contact: Powerscourt Tel: +44 (0)20 7250 1446 Rory Godson Victoria Palmer-Moore Sarah Daly The Global Offer and the distribution of this announcement and other informationin connection with the Global Offer in certain jurisdictions may be restrictedby law and persons into whose possession any document or other informationreferred to herein comes should inform themselves about and observe any suchrestriction. Any failure to comply with these restrictions may constitute aviolation of the securities laws of any such jurisdiction. The price and valueof securities may go up as well as down. Persons needing advice should contact aprofessional adviser. This announcement is not an offer of securities for sale in the United States.No securities of Sepura have been, or will be, registered under the U.S.Securities Act of 1933, as amended (the "Securities Act"), and securities maynot be offered or sold in the United States absent registration under theSecurities Act or pursuant to an exemption from, or a transaction not subjectto, the registration requirements of the Securities Act. There will be no publicoffering of securities in the United States. This announcement is for information purposes only and does not constitute aninvitation or offer to underwrite, subscribe for or otherwise acquire or disposeof any securities of Sepura in any jurisdiction. This information is provided by RNS The company news service from the London Stock Exchange