Business
SECONDARY PLACING OF ORDINARY
SECONDARY PLACING OF ORDINARY.
About this update from Dunelm Group Plc
[{"type":"text","content":"\n RNS Number : 3731A Dunelm Group plc 07 October 2009 \n \n7 October 2009\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION INTO OR IN THE UNITED STATES, CANADA,AUSTRALIA OR JAPAN \n\nSECONDARY PLACING OF ORDINARY SHARES DUNELM GROUP PLC (\"DUNELM\") \n\n\nDunelm announces that, further to the previous announcement, it has been advised that Bill Adderley, founder and Life President of Dunelm, has sold 15.6 million ordinary shares, representing in aggregate approximately 7.8 per cent. of the issued share capital of Dunelm and 18.6 per cent. of Bill Adderley's total shareholding. The shares were placed at a price of 310 pence per ordinary share.\n\nFollowing this disposal, Bill Adderley remains interested in 68,070,000 ordinary shares in Dunelm (of which 8,670,000 are held by his wife, Jean Adderley), representing approximately 34.0 per cent. of Dunelm's issued share capital. As previously announced, Bill Adderley has agreed not to dispose of further shares in the Company for a period of at least twelve months.\n\nWill Adderley, Chief Executive of Dunelm, holds 50,000,000 ordinary shares in Dunelm, representing 25.0 per cent. of Dunelm's issued share capital.\n\nEnquiries: \n\nUBS Investment Bank, Tel: +44 (0)20 7567 8000 \n\nAdrian Haxby\nChristopher Smith\n\nOriel Securities, Tel: +44 (0) 20 7710 7600\n\nDavid Arch\nJonathan Walker\n\n\n\nEach of UBS Limited and Oriel Securities is acting on the Placing and will not be responsible to anyone other than its client for providing the protections afforded to its clients, nor for providing advice in relation to the Placing, the contents of this announcement, or any transaction or arrangement referred to herein.\n\nThis announcement is for information purposes only and does not constitute or form part of an offer or invitation to acquire or dispose of any securities of Dunelm, or constitute a solicitation of any offer to purchase or subscribe for securities in any jurisdiction, including the United States, Canada, Australia or Japan. Dunelm's shares have not been, and will no...