Over-Allotment Option

Hansard Global plc 15 December 2006 This announcement and the information contained herein is not for publication, distribution or release, in whole or in part, in, or into, directly or indirectly, the United States, Australia, Canada and Japan or any other jurisdiction where such publication, distribution or release would be unlawful. 15 December 2006 HANSARD GLOBAL PLC Announcement of Exercise of Over-Allotment Option Hansard Global plc ('Hansard' or the 'Company'), the specialist long-term savings provider, announces that, in connection with the offer of ordinary shares in the capital of the Company (the 'Ordinary Shares') to institutional investors and management (the 'Offer') announced on 13 December 2006, Panmure Gordon (UK) Limited ('Panmure Gordon'), as stabilising manager, has exercised in full the over-allotment option in respect of 7,600,699 existing Ordinary Shares granted to it by Polar Cap Limited (the 'Selling Shareholder'). The Selling Shareholder will receive £19.8 million gross proceeds arising from the exercise of the over-allotment option. Including the exercise of the over-allotment option, the total size of the Offer becomes £151.5 million (58,272,025 Ordinary Shares), representing approximately 42.5% of the issued ordinary share capital of the Company at 15 December 2006. Excluding the 5,368,529 Ordinary Shares acquired by management in the Offer, Hansard has a free float of 52,903,496 Ordinary Shares or 38.5% of the issued ordinary share capital of the Company as at 15 December 2006. Important Information The contents of this announcement have been prepared by and are the sole responsibility of the Company. Panmure Gordon is regulated in the United Kingdom by the Financial Services Authority and is acting for the Company, the Selling Shareholder and Dr. Leonard Polonsky and no one else in connection with the Offer and Admission and will not regard any other person (whether or not a recipient of this announcement) as their client, nor will they be responsible to anyone other than the Company, the Selling Shareholder or Dr. Leonard Polonsky for providing the protections afford ed to the clients of Panmure Gordon, nor for providing advice in relation to the Offer, the contents of this announcement or any transaction, arrangement or other matter referred to herein. This announcement is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities law of any such jurisdiction. This announcement and the offer of the securities to which it relates are direct ed only at persons outside the United Kingdom and persons in the United Kingdom who have professional experience in matters related to investments or who are high net worth persons within article 12(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 and must not be acted on or relied on by other persons in the United Kingdom. In addition, if and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, any EEA Member State that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any Member State, the 'Prospectus Directive') before the publication of a prospectus in relation to the securities which has been approved by the competent authority in that Member State in accordance with the Prospectus Directive (or which has been approved by a competent authority in another Member State and notified to the competent authority in that Member State in accordance with the Prospectus Directive), this announcement and the offer are only addressed to and directed at persons in that Member State who are qualified investors within the meaning of the Prospectus Directive (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in that Member State. This announcement and the information contained herein is not for publication, distribution or release in, or into, directly or indirectly, the United States, Australia, Canada or Japan and does not constitute, or form part of, an offer of the securities for sale in or into the United States, Australia, Canada or Japan. The Offer and the distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. The securities referred to in this document have not been registered under the U.S. Securities Act of 1933, as amended (the 'Securities Act') and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act. The Company does not presently intend to offer publicly any securities in the United States or to register any securities under the Securities Act. This information is provided by RNS The company news service from the London Stock Exchange
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