Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

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For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

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In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

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Randgold Resources (RRS)

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Thursday 30 July, 2009

Randgold Resources

Results of global offer

RNS Number : 5316W
Randgold Resources Ld
29 July 2009
 



RANDGOLD RESOURCES LIMITED

Incorporated in Jersey, Channel Islands

Reg. No. 62686

LSE Trading Symbol: RRS

Nasdaq Trading Symbol: GOLD

('Randgold' or the 'Company')


This announcement is not for release, publication or distribution, directly or indirectly, in or into the United States, Canada, South Africa, Australia, Japan or any jurisdiction in which the same would be unlawful. This announcement is not an offer of securities in the United States, Canada, South Africa, Australia, Japan or any jurisdiction in which the same would be unlawful. Other restrictions may be applicable. Please see the important notice at the end of this announcement.


RESULTS OF GLOBAL OFFER


London, 29 July 2009 - The board of directors of is pleased to announce the successful completion of the global offer announced on 27 July 2009 (the 'Global Offer').


5,000,000 new ordinary shares of US$0.05 each in the form of ordinary shares or American Depositary Shares('ADSs') (collectively, the 'New Shares') have been placed with a range of investors at a price of US$59.50 per New Share. The gross proceeds from the Global Offer are approximately US$297.5 million.  


The New Shares, which rank pari passu with the existing ordinary shares and ADSs in all respects, represent approximately 6.51 per cent of Randgold's issued ordinary share capital immediately prior to the Global Offer.


The board of directors of Randgold expects to use the net proceeds from the Global Offer to fund the feasibility studies for its Gounkoto and Massawa projectsto develop the Gounkoto and Massawa projects following approval by the boardand for other organic and corporate opportunities, including possible acquisitions.


In addition, if Randgold enters into a definitive agreement to acquire Moto Goldmines Limited ('Moto') and the Proposed Moto Transaction (referred to  in our announcement of 27 July 2009) closes, some of the net proceeds of the Global Offer could be used to fund the development of the Moto gold project in the Democratic Republic of the Congo.


Application will be made for the New Shares to be admitted to the Official List of the UK Listing Authority and to be admitted to trading by London Stock Exchange plc on its market for listed securities (together, 'Admission'). The ADSs will trade on the Nasdaq Global Select Market.


Settlement for the New Shares issued pursuant to the Global Offer, as well as Admission, is expected to take place on 4 August 2009.


Randgold's ordinary shares are listed on the London Stock Exchange under the ticker 'RRS' and its American Depositary Shares are listed on the Nasdaq Global Select Market under the ticker 'GOLD'.


HSBC Bank plc ('HSBC') is acting as the financial advisor, sole global co-ordinator, joint bookrunner and joint underwriter in connection with the Global Offer. Merrill Lynch International ('Merrill Lynch') is acting as joint bookrunner and joint underwriter to the Global Offer. HSBC and Merrill Lynch (together, the 'Representatives') are also acting as representatives of certain other underwriters.  Randgold has granted the Representatives an over-allotment option to purchase up to 750,000 additional ordinary shares in the form of new ordinary shares (or ADSs) to cover over-allotments, if any.  


The Company has filed with the US Securities and Exchange Commission a registration statement on Form F-3 in relation to the New Shares, which document constitutes a prospectus for the purposes of the Companies (Jersey) (General Provisions) Order 2002 (together with any amendments thereto, the 'Registration Statement').  Copies of the Registration Statement are available on the SEC website at www.sec.gov.



ENQUIRIES:

Randgold Resources

Mark Bristow

Chief Executive

Tel: +44 7880 711386

Tel: +44 7797 752288

Graham Shuttleworth

Financial Director

Tel: +44 7796 144438

Tel: +44 1534 735 333

Kathy du Plessis

Investor & Media Relations

Tel: +44 20 7557 7738

Email: randgoldresources@dpapr.com 

www.randgoldresources.com


HSBC Bank plc

(Financial adviser, global co-ordinator, joint bookrunner and joint underwriter to the Global Offer)

Jan Sanders

Tel: +44 20 7991 8888

Charles Spencer

Tel: +44 20 7991 8888


Merrill Lynch International

(Joint bookrunner and joint underwriter to the Global Offer)

Simon Mackenzie-Smith

Tel: +44 20 7995 4589

Andrew Osborne

Tel: +44 20 7996 2629

Rupert Hume-Kendall 

Tel: +44 20 7996 2441



This announcement does not constitute an offer to sell or the solicitation of an offer to buy, the New Shares in the United States, Canada, South Africa, Australia or Japan or any jurisdiction in which the same would be unlawful. The securities may not be offered or sold in the United States absent registration or an exemption from registration under the US 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 which contains detailed information about the Company and its management, as well as financial statements. There is no public offer of New Shares in the United Kingdom or elsewhere outside the United States. No money, securities or other consideration is being solicited and, if sent in response to the information herein, will not be accepted.


The New Shares are being offered in Canada only to persons who are 'accredited investors' as such term is defined in Section 1.1 of National Instrument 45-106 - Prospectus and Registration Exemptions of the Canadian Securities Administrators.


Save as expressly set out, this announcement does not constitute an offer or invitation to underwrite, subscribe for or otherwise acquire or dispose of any securities or investment advice in any jurisdiction. Past performance is no guide to future performance. Persons needing advice should consult an independent financial adviser.


The distribution of this announcement and the offering or sale of the New Shares in certain jurisdictions may be restricted by law. No action has been taken by the Company or the Representatives that would permit an offering of the New Shares or possession or distribution of this announcement or any other offering or publicity material relating to the New Shares in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required by the Company and the Representatives to inform themselves about, and to observe, any such restrictions. Persons (including, without limitation, nominees and trustees) who have a contractual or other legal obligation to forward a copy of this Announcement should seek appropriate advice before taking any action.


This announcement has been issued by and is the sole responsibility of the Company. No representation or warranty express or implied is or will be made as to, and no responsibility or liability is or will be accepted by the Representatives nor by any of their respective affiliates as to or in relation to, the accuracy or completeness of this announcement or any other oral or written information made available to or publicly available to any interested party or their advisers, and any liability therefor is expressly disclaimed.


HSBC and Merrill Lynch, each of which is authorised and regulated in the United Kingdom by the Financial Services Authority, are acting exclusively for the Company and no one else in connection with the Global Offer and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients nor for providing advice in relation to the Global Offer or in relation to the contents of this announcement or for any other transaction, arrangement or matters referred to in this announcement.


In connection with the Global Offer, the Representatives or any person acting on their behalves may over-allot or effect transactions with a view to supporting the market price of the Randgold's ordinary shares or any associated securities at a level higher than that which might otherwise prevail for a limited period after the closing of the Global Offer. However, there is no obligation on the Representatives or anyone acting on their behalves to do this. Such stabilising, if commenced, may be discontinued at any time, and must be brought to an end after a limited period.


The price of shares and the income from them may go down as well as up and investors may not get back the full amount invested, on disposal of the shares.




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