Information  X 
Enter a valid email address

Derwent London PLC (DLN)

  Print      Mail a friend       Annual reports

Tuesday 31 May, 2011

Derwent London PLC

Publication of Offering Circular

RNS Number : 5483H
Derwent London PLC
31 May 2011
 



Derwent London plc (the "Company")
31 May 2011

Publication of Offering Circular

The following offering circular has been approved by the UK Listing Authority and is available for viewing:

Offering circular dated 27 May 2011 (the "Offering Circular") relating to the issue by Derwent London Capital (Jersey) Limited of £175,000,000 2.75 per cent. guaranteed convertible bonds due 2016, convertible into ordinary shares in the capital of Derwent London plc.  

To view the full document, please paste the following URL into the address bar of your browser:

http://www.rns-pdf.londonstockexchange.com/rns/5483H_-2011-5-31.pdf

or go to the investors section of the Company's website - www.derwentlondon.com.

For further information, please contact

Derwent London plc                                                         John Burns, Chief Executive Officer

Tel: +44 (0)20 7659 3000                                                Damian Wisniewski, Finance Director

About Derwent London plc

Derwent London plc is the largest central London focused REIT with an investment portfolio of £2.4bn as at 31 December 2010. The Group is one of London's most innovative office specialist property regenerators and investors and is well known for its established design-led philosophy and creative management approach to development.

Derwent London's core strategy is to acquire and own a portfolio of central London property that has reversionary rents and significant opportunities to enhance and extract value through refurbishment, regeneration and redevelopment. The Group owns and manages an investment portfolio of 5.4 million sq ft (500,000m2), as at 31 December 2010, of which 95% is located in central London, with a specific focus on the West End and the areas bordering the City of London. Landmark schemes by Derwent London include Angel Building EC1, Arup Phases II & III W1, Qube W1, Horseferry House SW1, Johnson Building EC1, Davidson Building WC2 and Tea Building E1.

Derwent London came first in the property sector in the 2010 awards for 'Britain's Most Admired Companies'.

DISCLAIMER

This announcement does not constitute or form part of an offer to sell or the solicitation of an offer to subscribe for or otherwise acquire any securities in the United States or in any other jurisdiction. This announcement is not for distribution, directly or indirectly in or into the United States (as defined in Regulation S under the US Securities Act of 1933, as amended (the "Securities Act")). The securities referred to herein have not been and will not be registered under the Securities Act and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

This communication is directed only at persons who (i) are outside the United Kingdom or (ii) have professional experience in matters relating to investments falling within Article 19(5) of The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) are persons falling within Article 49 2(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). This communication must not be read, acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is available only to relevant persons and will be engaged in only with relevant persons.

Please note that the information contained in the Offering Circular may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Offering Circular) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Offering Circular is not addressed.  Prior to relying on the information contained in the Offering Circular you must ascertain from the Offering Circular whether or not you are part of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement.

 

 


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