Business
Over-Allotment Option
Over-Allotment Option.
About this update from Record Plc
[{"type":"text","content":"\n Record PLC\n27 December 2007\n\n\n\n\nNOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF\nAMERICA, CANADA, AUSTRALIA OR JAPAN.\n\n\n27 December 2007\n\n\n RECORD plc\n\n ANNOUNCEMENT OF EXERCISE OF OVER-ALLOTMENT OPTION\n\n\nRecord plc (the 'Company' or 'Record') announces that, in connection with its\ninitial public offering of ordinary shares (the 'Offer'), JPMorgan Cazenove\nLimited ('JPMorgan Cazenove'), as stabilising manager, has today given notice to\nexercise in part the over-allotment option in respect of 4,384,576 existing\nordinary shares at the offer price of 160 pence per ordinary share.\n\nFollowing the exercise of the over-allotment option, 69,850,970 ordinary shares\nwill be held in public hands, representing a free float of approximately 31.6%\nof the issued share capital of the Company.\n\n\n\n\nFor more information contact:\n\nRecord plc Tel: + 44 (0)1753 852 222\nMike Timmins, Chief Financial Officer\n\nJPMorgan Cazenove Tel: +44 (0)20 7588 2828\nGreg Chamberlain\n\nHogarth Tel: +44 (0)20 7357 9477\nNick Denton\nJulian Walker\n\n\nThis announcement and the information contained herein is not for publication,\ndistribution or release in, or into, directly or indirectly, the United States,\nCanada, Australia or Japan. The information contained herein does not constitute\nan offer of securities for sale in any jurisdiction, including in the United\nStates of America, Australia, Canada or Japan.\n\nThis announcement, for which Record and its directors are solely responsible,\nhas been approved by JPMorgan Cazenove solely for the purpose of section 21 of\nthe Financial Services and Markets Act 2000.\n\nJPMorgan Cazenove, which is authorised and regulated in the United Kingdom by\nthe Financial Services Authority, is acting for the Company and no one else in\nconnection with the Offer and will not be responsible to any other person for\nproviding the protections afforded to its clients or for providing advice in\nrelation to the Offer.\n\nThe securities under the Offer have not been and will not be registered under\nthe United States Securities Act of 1933, as amended and may not be offered or\nsold in the United States absent registration or an exemption from registration.\nNo public offering of securities of the Company is being made in the United\nStates.\n\n\n\n This information is ...