Over-Allotment Arrangements
Halfords Group PLC
09 June 2004
9 June 2004
Halfords Group Plc
Over Allotment Arrangements
Not for release, publication or distribution in, or into the United States,
Canada, Australia or Japan
Announcement of Exercise of Over-Allotment Arrangements
Halfords Group Plc ('Halfords' or the 'Company') announces that in connection
with the initial public offering of the Company (the 'Global Offer') Merrill
Lynch International and Citigroup Global Markets U.K. Equity Limited have given
notice that Merrill Lynch International, as stabilising manager, is exercising,
on behalf of the Managers, the over-allotment arrangements in respect of
15,384,584 Ordinary Shares in the Company. None of the £40 million proceeds
arising from the exercise of the over-allotment arrangements will be received by
Halfords. Including the exercise of the over-allotment arrangements, the total
size of the Global Offer was £306.7 million (117,948,572 Ordinary Shares).
The contents of this announcement, which have been prepared by and are the sole
responsibility of Halfords Group Plc, have been approved by Merrill Lynch
International, of Merrill Lynch Financial Centre, 2 King Edward Street, London
EC1A 1HQ, solely for the purposes of section 21(2)(b) of the Financial Services
and Markets Act 2000.
Merrill Lynch International and Citigroup Global Markets U.K. Equity Limited are
acting for Halfords Group Plc and CVC Capital Partners Advisory Company Limited
in its capacity as adviser, whether direct or indirect, to the CVC Funds and no
one else in relation to the Global Offer, and will not be responsible to anyone
other than Halfords Group Plc and CVC Capital Partners Advisory Company Limited
in its capacity as adviser, whether direct or indirect, to the CVC Funds for
providing the protections offered to their respective clients nor for providing
advice in relation to the Global Offer.
This announcement does not constitute, or form part of, an offer or invitation
to sell or issue, or any solicitation of an offer to purchase or subscribe for
securities and any subscription for or purchase of, or application for, shares
in the Company to be issued or sold in connection with the Global Offer should
only be made on the basis of information contained in the listing particulars in
connection with the Global Offer and any supplements thereto. The listing
particulars contain certain detailed information about the Company and its
management, as well as financial statements and other financial data.
This announcement is not an offer of securities for sale in the United States.
The securities discussed herein have not been and will not be registered under
the US Securities Act of 1933, as amended (the 'US Securities Act'), and may not
be offered or sold in the United States absent registration or an exemption from
registration under the US Securities Act. No public offering of the securities
discussed herein is being made in the United States.
This announcement and the information contained herein are not for publication,
distribution or release in, or into, the United States, Canada, Australia or
Japan. Stabilisation/FSA.
Merrill Lynch International
Mark Gwynne, tel +44 (0) 20 7995 3700
Citigroup
Darrell Uden, tel +44 (0) 20 7986 4000
This information is provided by RNS
The company news service from the London Stock Exchange
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