Last checked at 17 Sep 2009 16:15
This announcement is not for distribution, directly or indirectly, in or into the United States, Australia, Canada, Japan or South Africa or to US Persons.
The UNITE Group plc
17 September 2009
Publication of Prospectus
Further to the announcement today in relation to a share issue to raise gross proceeds of £82.0 million (approximately £77.8 million net of expenses) through the issue of 32,819,972 New Ordinary Shares by way of a Firm Placing and Placing and Open Offer at a price of 250 pence per New Ordinary Share, The UNITE Group plc ("UNITE" or the "Company") announces that a prospectus relating to the Firm Placing and Placing and Open Offer (the "Prospectus") was approved by the UK Listing Authority (the "UKLA") earlier today.
The Prospectus is expected to be posted to shareholders today, and copies of the Prospectus, which includes a notice convening a general meeting of UNITE to be held at the offices of Osborne Clarke, One London Wall, London EC2Y 5EB at 9.30 a.m. on 5 October 2009, will shortly be available for inspection at the UKLA's Document Viewing Facility, which is situated at Financial Services Authority, 25 North Colonnade, Canary Wharf, London E14 5HS.
In addition, the Prospectus will shortly be available to view on the Company's website (www.unite-group.co.uk).
ENQUIRIES:
| The UNITE Group plc | 0117 302 7004 |
| Mark Allan / Joe Lister | |
| Financial Dynamics | 020 7831 3113 |
| Stephanie Highett / Dido Laurimore / Rachel Drysdale / Laurence Jones |
IMPORTANT NOTICE:
This announcement does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any New Ordinary Shares, nor shall it (or any part of it), or the fact of its distribution, form the basis of, or be relied on in connection with or act as any inducement to enter into, any contract or commitment whatsoever with respect to the proposed Firm Placing and Placing and Open Offer or otherwise. This announcement is not a prospectus and investors should not subscribe for or purchase any New Ordinary Shares referred to in this announcement except on the basis of information in the Prospectus.
The distribution of this announcement in certain jurisdictions may be restricted by law and such distribution could result in violation of the laws of such jurisdictions. In particular, this announcement is not for distribution, directly or indirectly, in or into the United States, Australia, Canada, Japan, New Zealand or South Africa. This announcement is not an offer of securities for sale in the United States. The securities discussed herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act") and may not be offered or sold in the United States absent registration or an exemption from registration under the US Securities Act. No public offering of the securities discussed herein is being made in the United States and the information contained herein does not constitute an offering of securities for sale in the United States, Australia, Canada, Japan, New Zealand or South Africa or to US persons. This announcement is not for distribution directly or indirectly in or into the United States, Australia, Canada, Japan, New Zealand or South Africa. The information in this press release may not be forwarded or distributed to any other person and may not be reproduced in any manner whatsoever. Any forwarding, distribution, reproduction, or disclosure of this information in whole or in part is unauthorized. Failure to comply with this directive may result in a violation of the US Securities Act or the applicable laws of other jurisdictions.