Hunting PLC
01 July 2005
NOT FOR DISTRIBUTION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF IRELAND OR THE REPUBLIC
OF SOUTH AFRICA.
For immediate release
1 July 2005
Hunting PLC ('Hunting')
Prospectus to shareholders posted
Further to the announcement dated 29 June 2005 regarding the proposed Rights
Issue to raise approximately £45.7 million, the Board of Hunting announces that
a prospectus (the 'Prospectus'), setting out the full terms and conditions of
the Rights Issue, including the procedure for acceptance and payment, the
procedure in respect of rights not taken up and convening an extraordinary
general meeting to be held on Monday, 25 July 2005 to approve the Rights Issue,
is being posted to Shareholders today.
Application has been made to the UK Listing Authority and to the London Stock
Exchange for the New Ordinary Shares to be admitted to the Official List and to
be admitted to trading on the London Stock Exchange's market for listed
securities. An expected timetable of the principal events relating to the Rights
Issue is set out in the Prospectus.
A copy of the Prospectus has been submitted to the UK Listing Authority and will
shortly be available for inspection at the UK Listing Authority's Document
Viewing Facility which is situated at: Financial Services Authority, 25 The
North Colonnade, Canary Wharf, London E14 5HS, telephone 020 7066 1000.
Certain terms used in this announcement are defined and have the same meaning as
in the Prospectus.
Enquiries:
Hunting PLC 020 7321 0123
Dennis Proctor
Dennis Clark
Close Brothers 020 7655 3100
Andrew Cunningham
Jack Newall
Hoare Govett 020 7678 8000
Andrew Foster
Bertie Whitehead
The Hogarth Partnership 020 7357 9477
Andrew Jaques
Edward Westropp
The release, publication or distribution of this announcement in certain
jurisdictions may be restricted by law and therefore persons in such
jurisdictions into which this announcement is released, published or distributed
should inform themselves about and observe such restrictions.
THIS ANNOUNCEMENT DOES NOT CONSTITUTE, OR FORM PART OF, AN OFFER TO SELL OR THE
SOLICITATION OF AN OFFER TO SUBSCRIBE FOR OR BUY ANY SECURITIES, NOR THE
SOLICITATION OF ANY VOTE OR APPROVAL IN ANY JURISDICTION, NOR SHALL THERE BE ANY
SALE, ISSUE OR TRANSFER OF THE SECURITIES REFERRED TO IN THIS ANNOUNCEMENT IN
ANY JURISDICTION IN CONTRAVENTION OF APPLICABLE LAW.
This announcement is not an offer of securities for sale in the United States.
Securities may not be offered or sold in the United States absent registration
under the US Securities Act of 1933 (the 'US Securities Act') or an exemption
therefrom. Hunting has not and does not intend to register any of the
Provisional Allotment Letters, Nil Paid Rights, Fully Paid Rights or New
Ordinary Shares under the US Securities Act. The Provisional Allotment Letters,
Nil Paid Rights, Fully Paid Rights and New Ordinary Shares will not be offered
or sold to the public in the United States.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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