Business
Exercise of Over-Alottment
Exercise of Over-Alottment.
About this update from Hochschild Mining Plc
[{"type":"text","content":"\n Hochschild Mining PLC\n01 December 2006\n\n\nThe information contained herein is restricted and is not for release,\ndistribution, or publication directly or indirectly, in or into the United\nStates, Australia, Canada or Japan or to residents or citizens of Australia,\nCanada or Japan.\n--------------------------------------------------------------------------------\n\n\n1 December 2006\n\n\nHochschild Mining plc\n\n('Hochschild Mining' or the 'Company')\n\n\nAnnouncement of Exercise of Over-Allotment Option\n\n\nHochschild Mining plc announces that, in connection with its initial public\noffering of ordinary shares, (the 'Global Offer'), JPMorgan Cazenove Limited, as\nstabilising manager and on behalf of the underwriters of the Global Offer, has\ntoday given notice to exercise in full the over-allotment option in respect of\n11,587,500 existing ordinary shares at the offer price of 350 pence per ordinary\nshare. Following the exercise of the over-allotment option, 88,837,500 ordinary\nshares will be held in public hands, representing a free float of approximately\n29 per cent. of the issued share capital of the Company.\n\n\n\nFor further information, please contact:\n\n\nHochschild Mining plc Tel: +44 207 917 6285\n\n\nJPMorgan Cazenove Limited Tel: +44 207 588 2828\nIan Hannam\nArjun Khullar\n\n\nGoldman Sachs International Tel: +44 207 774 1000\nAlasdair Warren\nChris Bischoff\n\n\nFinsbury Tel: +44 207 251 3801\nRoland Rudd\nRobin Walker\nZoe Watt\n\n\n\nThis announcement has been prepared and issued by Hochschild Mining plc and is\nthe sole responsibility of Hochschild Mining plc.\n\nThis announcement may not be distributed, directly or indirectly, in or into the\nUnited States, Canada, Australia or Japan. This announcement does not constitute\nor form part of an offer to sell or issue, or any solicitation of an offer to\nbuy or subscribe for, any securities referred to herein. The Global Offer and\nthe distribution of this announcement and other information in connection with\nthe Global Offer in certain jurisdictions may be restricted by law and persons\ninto whose possession any document or other information referred to herein comes\nshould inform themselves about and observe any such restriction. Any failure to\ncomply with these restrictions may constitute a violation of the securities laws\nof any such jurisdicti...