Randgold Resources Ld
01 November 2005
NOT FOR DISTRIBUTION IN THE UNITED STATES OR ANY JURISDICTION IN WHICH SUCH
DISTRIBUTION WOULD BE UNLAWFUL
Randgold Resources Limited
HSBC Securities (USA) Inc. hereby gives notice that the Stabilisation Manager
named below may stabilise the offer of the following securities in accordance
with Commission Regulation (EC) No. 2273/2003 implementing the Market Abuse
Date of Notice: 1 November 2005
Issuer: Randgold Resources Limited ('Randgold Resources')
Issue: New ordinary shares of US$0.05, in the form of ordinary shares or
American Depositary Shares (the 'Securities')
Offer price ('Global Offer Price'): US$13.50
Number of Securities sold in the offer ('Global Offer'): 7,500,000
Number of Securities subject to the over-allotment option: 1,125,000 (15% of
Securities sold in the Global Offer)
Stabilising Manager: HSBC Securities (USA) Inc.
Stabilisation period expected to commence: 1 November 2005
Stabilisation period expected to end: 4 December 2005
In connection with the offer of the above securities, the Stabilising Manager
may over-allot or effect transactions which are intended to stabilise or support
the market price of the Securities at a level higher than that which might
otherwise prevail for a period from the announcement of the Global Offer Price
until 30 calendar days after the date of allotment of the Securities. However,
there is no assurance that the Stabilising Manager will take any stabilisation
action and any stabilisation action, if begun, may be ended at any time. Such
transactions may be effected on the NASDAQ Stock Market and any other US
securities market, over the counter market, stock exchange or otherwise.
This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or dispose
of any securities of Randgold Resources in any jurisdiction.
This announcement and the offer of the securities to which it relates are only
addressed to and directed at (i) persons who are outside the United Kingdom or
(ii) to investment professionals falling within Article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or
(iii) high net worth entities, and other persons to whom it may lawfully be
communicated, falling within Article 49(2)(a) to (d) of the Order.
HSBC Bank plc which is authorised and regulated in the United Kingdom by the
Financial Services Authority is acting for the Company in connection with the
Global Offer and no one else and will not be responsible to anyone other than
the Company for providing the protection afforded to clients of HSBC Bank plc
nor for providing advice in relation to the Global Offer nor any other matter
referred to in this announcement.
This document is an advertisement for the purposes of applicable measures
implementing Directive 2003/71/EC (such Directive, together with any applicable
implementing measures in the relevant home Member State under such Directive,
the 'Prospectus Directive'). A prospectus prepared pursuant to the Prospectus
Directive will be published, which, when published, can be obtained from the
offices of Randgold Resources at La Motte Chambers, La Motte Street, St. Helier,
Jersey, JE1 1BJ, Channel Islands or the offices of HSBC Bank plc at 8 Canada
Square, London, E14 5HQ. Any offer of securities to the public that may be
deemed to be made pursuant to this communication in any EEA Member State that
has implemented the Prospectus Directive is only addressed to qualified
investors in that Member State within the meaning of the Prospectus Directive.
This press release is not an offer for sale of securities in the United States.
The securities may not be offered or sold in the United States absent
registration or an exemption from registration under the U.S. Securities Act of
1933, as amended. Any public offering of securities to be made in the United
States is being made by means of a prospectus that may be obtained from the
issuer that contains detailed information about the company and management, as
well as financial statements.
Shares in Randgold Resources have not been and will not be registered under the
applicable securities laws of Australia, Canada or Japan and may not be offered
or sold within Australia, Canada or Japan or to, or for the account or benefit
of, citizens or residents of Australia, Canada or Japan.
This information is provided by RNS
The company news service from the London Stock Exchange