REG - DCC PLC - Proposed placing of new Ordinary Shares <Origin Href="QuoteRef">DCC.L</Origin> - Part 2

DCCAnnouncement

15/07/2015 18:15

- Part 2: For the preceding part double click  ID:nRSS5786Na 

Bookrunners are liable to bear any
transfer taxes that arise on a sale of Placing Shares subsequent to their
acquisition by Placees or for transfer taxes arising otherwise than under the
laws of the United Kingdom. Each Placee should, therefore, take its own advice
as to whether any such transfer tax liability arises and notify the Joint
Bookrunners accordingly. Furthermore, each Placee agrees to indemnify on an
after-tax basis and hold each Joint Bookrunner and/or the Company and their
respective affiliates harmless from any and all interest, fines or penalties
in relation to stamp duty, stamp duty reserve tax and all other similar duties
or taxes to the extent that such interest, fines or penalties arise from the
unreasonable default or delay of that Placee or its agent. 
 
Each Placee and any person acting on behalf of each Placee acknowledges and
agrees that the Joint Bookrunners or any of their respective affiliates may,
at their absolute discretion, agree to become a Placee in respect of some or
all of the Placing Shares. 
 
When a Placee or person acting on behalf of the Placee is dealing with the
Joint Bookrunners, any money held in an account with any Joint Bookrunner on
behalf of the Placee and/or any person acting on behalf of the Placee will not
be treated as client money within the meaning of the rules and regulations of
the FCA made under FSMA. The Placee acknowledges that the money will not be
subject to the protections conferred by the client money rules; as a
consequence, this money will not be segregated from such Joint Bookrunner's
money in accordance with the client money rules and will be used by that Joint
Bookrunner in the course of its own business; and the Placee will rank only as
a general creditor of that Joint Bookrunner. 
 
All times and dates in this Announcement may be subject to amendment by the
Joint Bookrunners (in their absolute discretion). The Joint Bookrunners shall
notify the Placees and any person acting on behalf of the Placees of any
changes. 
 
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