Business
Result of Rights Issue
Result of Rights Issue.
About this update from Vesuvius Plc
[{"type":"text","content":"\n RNS Number : 3282O Cookson Group PLC 04 March 2009 \n \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA\n\n4 March 2009\n\nCOOKSON GROUP PLC - RESULT OF RIGHTS ISSUE\n\nCookson Group plc ('Cookson') announces that today, 4 March 2009, being the latest date for receipt of valid subscriptions, it has received valid acceptances in respect of 2,433,256,993 New Shares, representing approximately 95.37 per cent. of the total number of New Shares offered to Shareholders pursuant to the 12 for 1 rights issue announced by Cookson on 29 January 2009 (the 'Rights Issue').\n\nIn accordance with the arrangements set out in Part III of the Rights Issue prospectus dated 29 January 2009 (the 'Prospectus'), the Joint Bookrunners will be seeking acquirers for the remaining 118,036,151 New Shares for which valid acceptances were not received, failing which those New Shares will be acquired by the Joint Underwriters. A further announcement as to the number of New Shares for which acquirers have been procured will be made in due course.\n\nContacts\nCookson Group plc Tel: +44 (0)20 7822 0000\nAnna Hartropp, Investor Relations Manager\n\nMedia enquiries:\nHogarth Tel: +44 (0)20 7357 9477\nJohn Olsen\n\n\nThis announcement shall not constitute an offer to buy, sell, issue, or subscribe for, or the solicitation of an offer to buy, sell or issue, or subscribe for any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. \n \nThis announcement has been issued by and is the sole...