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Sportingbet PLC (SBT)

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Friday 27 May, 2011

Sportingbet PLC

Publication of Prospectus

RNS Number : 4903H
Sportingbet PLC
27 May 2011
 



THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR THE UNITED STATES OR INTO ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW.  PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

 

THIS ANNOUNCEMENT, WHICH DOES NOT CONSTITUTE A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT, IS NOT AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES AND NEITHER THIS ANNOUNCEMENT NOR ANYTHING HEREIN FORMS THE BASIS FOR ANY CONTRACT OR COMMITMENT WHATSOEVER.  THERE WILL BE NO PUBLIC OFFER OF NEW SHARES OR CONVERTIBLE BONDS IN THE UNITED STATES OR ANY OTHER EXCLUDED JURISDICTION.  OUTSIDE THE UNITED STATES THE NEW SHARES AND CONVERTIBLE BONDS ARE BEING OFFERED IN RELIANCE ON REGULATION S UNDER THE UNITE STATES SECURITIES ACT OF 1933 (THE "US SECURITIES ACT").

 

 

27 May 2011

 

Sportingbet Plc

("Sportingbet" or the "Company")

 

Publication of Prospectus

 

Further to the announcement made by Sportingbet yesterday relating to the proposed firm placing and placing and open offer, convertible bond issue and acquisition of Centrebet International Limited (the "Proposals"), Sportingbet has today published a prospectus (the "Prospectus") in relation to the Proposals.

 

A copy of the Prospectus has been submitted to the National Storage Mechanism and will shortly be available for inspection at the Financial Services Authority's online document viewing facility at: www.hemscott.com/nsm.do.

 

Copies of the Prospectus will also be made available on the Company's website at http://www.sportingbetplc.com/offering.aspx and be available during normal business hours on any weekday (Saturdays, Sundays and public holidays excepted) at the offices of Oriel Securities Limited, 150 Cheapside, London EC2V 6ET and at the registered office of the Company until the date that is 12 months after admission of the new ordinary shares being issued pursuant to the Proposals to the premium listing segment of the Official List of the Financial Services Authority and to trading on the London Stock Exchange's market for listed securities.

 

 

For further information contact:

 

Sportingbet Plc

Tel: 020 7184 1800

Andrew McIver, Group Chief Executive


Jim Wilkinson, Group Finance Director




Oriel Securities Limited

Tel: 020 7710 7600

Emma Griffin


Jonathan Walker


Ashton Clanfield




Maitland

Tel: 020 7379 5151

George Hudson

Mob: 07595 270877

Daniel Yea

Mob: 07595 270691

 

 

 

  

Important Notice

 

This announcement is an advertisement and does not constitute a prospectus or prospectus equivalent document.  Nothing in this announcement should be interpreted as a term or condition of the Proposals.  Investors should not subscribe for or purchase any new shares except on the basis of the information contained in the Prospectus.

 

This announcement does not constitute or form part of any offer or invitation to purchase, or otherwise acquire, subscribe for, sell, otherwise dispose of or issue, or any solicitation of any offer to sell, otherwise dispose of, issue, purchase, otherwise acquire or subscribe for, any security in the capital of the Company in any jurisdiction.

 

The information contained in this announcement is not for release, publication or distribution, directly or indirectly, in whole or in part, to persons in the United States of America (the "United States"), Canada, Australia, Japan, New Zealand or The Republic of South Africa (the "Excluded Jurisdictions") or in any jurisdiction where to do so would breach any applicable law.  The new shares and convertible bonds to be issued pursuant to the Proposals have not been and will not be registered under the securities laws of such jurisdictions and may not be offered, sold, taken up, exercised, resold, renounced, transferred, distributed or delivered, directly or indirectly, within such jurisdictions except pursuant to an exemption from and in compliance with any applicable securities laws.

 

The information in this announcement may not be forwarded or distributed to any other person and may not be reproduced in any manner whatsoever.  Any forwarding, distribution, reproduction or disclosure of this information in whole or in part is unauthorised.  Failure to comply with this directive may result in a violation of the US Securities Act or the applicable laws of other jurisdictions.

 

The new shares and convertible bonds have not been and will not be registered under the US Securities Act or under any relevant securities laws of any state or other jurisdiction of the United States or under any securities laws of any other Excluded Jurisdiction. The new shares and convertible bonds have not been approved or disapproved by the US Securities and Exchange Commission, any state securities commission in the United States or any other regulatory authority in the United States, nor have any of the foregoing authorities passed upon or endorsed the merits of the Proposals or the accuracy or adequacy of this announcement. Any representation to the contrary is a criminal offence. The basic entitlements, the excess CREST open offer entitlements and application forms relating to the proposed open offer may not be sold, resold, taken up, transferred, delivered or distributed directly or indirectly, within the United States or any of the other Excluded Jurisdictions. Accordingly the proposed firm placing and placing and open offer and convertible bond issue is not being extended into the United States or any of the other Excluded Jurisdictions and application forms will not be sent to, nor will any open offer entitlements be credited to stock accounts in CREST of, any shareholder in any Excluded Jurisdiction.

 

The availability of the firm placing and placing and open offer and the convertible bond issue to persons who are not resident in the United Kingdom may be affected by the laws of the relevant jurisdictions in which they are located.  Persons who are not resident in the United Kingdom should inform themselves of, and observe, any applicable requirements.

 

Oriel Securities Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority is acting as sponsor, financial adviser and broker exclusively for the Company and no-one else in relation to the proposed firm placing and placing and open offer and is not, and will not be, responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the proposed firm placing and placing and open offer or any other matters referred to in this announcement.

 

This announcement has been issued by, and is the sole responsibility of, Sportingbet Plc.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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