Business
Result of Rump Placing
Result of Rump Placing.
About this update from Rolls-royce Holdings Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1514F\n Rolls-Royce Holdings plc\n 12 November 2020\n \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, NEW ZEALAND, UNITED ARAB EMIRATES, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE THE EXTENSION OR AVAILABILITY OF THE RIGHTS ISSUE (AND ANY OTHER TRANSACTION CONTEMPLATED THEREBY) WOULD BREACH ANY APPLICABLE LAW OR REGULATION.\n \n \n \n \n \n THIS ANNOUNCEMENT IS AN ADVERTISEMENT AND DOES NOT CONSTITUTE A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT. NOTHING HEREIN SHALL CONSTITUTE AN OFFERING OF ANY SECURITIES. NOTHING IN THIS ANNOUNCEMENT SHOULD BE INTERPRETED AS A TERM OR CONDITION OF THE RIGHTS ISSUE. ANY DECISION TO PURCHASE, SUBSCRIBE FOR, OTHERWISE ACQUIRE, SELL OR OTHERWISE DISPOSE OF ANY NIL PAID RIGHTS, FULLY PAID RIGHTS OR NEW ORDINARY SHARES MUST BE MADE ONLY ON THE BASIS OF THE INFORMATION CONTAINED IN AND INCORPORATED BY REFERENCE INTO THE PROSPECTUS.\n \n \n \n \n \n \n \n \n ROLLS-ROYCE HOLDINGS PLC\n \n \n RESULT OF RUMP PLACING\n \n \n 12 November 2020\n \n \n Following the announcement earlier today regarding valid acceptances under the fully underwritten 10 for 3 Rights Issue announced by Rolls-Royce Holdings plc (\"Rolls-Royce\" or the \"Company\") on 1 October 2020, \n the Company confirms that \n BNP Paribas, Citigroup, Goldman Sachs, HSBC, Jefferies, Morgan Stanley, Crédit Agricole CIB, Santander, SMBC Nikko and Société Générale (the \"Underwriters\") have successfully procured subscribers for all of the 375,096,792 New Ordinary Shares for which valid acceptances were not received, representing approximately 5.8 per cent. of the total number of New Ordinary Shares to be issued pursuant to the fully underwritten Rights Issue, at a price of 90 pence per New Ordinary Share.\n \n \n The net proceeds from the placing of such New Ordinary Shares (after the deduction of the Rights Issue Price of 32 pence per New Ordinary Share and the expenses of procuring subscribers, including any applicable brokerage commissions and VAT which are not recoverable) will be paid (without interest) to those Shareholders whose rights have lapsed in accordance with the terms of the Rights Issue, pro rata to their lapsed provisi...