REG - Horizonte Minerals - Result of Placing and Equity Fundraise

Horizonte MineralsAnnouncement

24/11/2021 07:35

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RNS Number : 4280T  Horizonte Minerals PLC  24 November 2021

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR
FORM ANY PART OF AN OFFER TO SELL OR ISSUE, OR A SOLICITATION OF AN OFFER TO
BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY SECURITIES IN THE UNITED STATES,
AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN
WHICH SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL OR TO ANY PERSON TO WHOM IT
IS UNLAWFUL TO MAKE SUCH OFFER OR SOLICITATION. NO PUBLIC OFFERING OF THE
FUNDRAISE SHARES IS BEING MADE IN ANY SUCH JURISDICTION. ANY FAILURE TO COMPLY
WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF
SUCH JURISDICTIONS.

THIS ANNOUNCEMENT IS NOT FOR PUBLIC RELEASE, PUBLICATION OR DISTRIBUTION, IN
WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES,
AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN
WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

This announcement contains inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 ("MAR") as it forms part of UK domestic law by
virtue of the European Union (Withdrawal) Act 2018.

Terms used in this announcement have the same meaning given to them as defined
in the Equity Fundraise Announcement.

For immediate release

24 November, 2021

Horizonte Minerals Plc

("Horizonte" or the "Company")

Result of Placing and Equity Fundraise

 

Horizonte (AIM: HZM, TSX: HZM), is pleased to announce the successful
completion of the Placing as part of the Equity Fundraise announced yesterday
(the "Equity Fundraise Announcement").

A total of 2,099,909,114 new ordinary shares in the capital of the Company
have been conditionally placed with, or subscribed for by, new and existing
investors at a price of 7 pence (C$12 cents) per Equity Fundraise Share (the
"Issue Price"). On settlement, the Equity Fundraise will raise gross proceeds
of approximately £147.4 million (approximately US$197 million) for the
Company before expenses consisting of:

·       606,123,712 new Ordinary Shares pursuant to the UK Placing,
raising gross proceeds of approximately £42.4 million (approximately US$56.8
million)

 

·    126,072,398 new Ordinary Shares pursuant to the Canadian Offering,
raising gross proceeds of approximately £8.8 million (approximately US$11.8
million)

 

·    74,738,416 new Ordinary Shares pursuant to the Glencore
Subscription, raising gross proceeds of approximately £5.2 million
(approximately US$7 million);

 

·    533,845,825 new Ordinary Shares pursuant to the Orion Subscription,
raising gross proceeds of approximately £37.4 million (approximately US$50
million); and

 

·      759,128,764 new Ordinary Shares pursuant to the La Mancha
Subscription, raising gross proceeds of approximately £53.2 million
(approximately US$71 million)

The new Ordinary Shares to be issued in aggregate pursuant to the Equity
Fundraise represent 123.5 per cent. of the issued share capital of the Company
prior to the Equity Fundraise.

The UK Placing was conducted by BMO Capital Markets Limited and Peel Hunt LLP,
acting as joint global coordinators and together with H & P Advisory
Limited, acting as the joint bookrunners, and the Canadian Offering was
conducted by BMO Nesbitt Burns Inc., Paradigm Capital Inc., Cormark Securities
Inc. and Cantor Fitzgerald Canada Corporation acting as Canadian agents.

The Equity Fundraise Shares and Glencore Subscription Shares will, when
issued, be credited as fully paid and will rank pari passu in all respects
with the existing Ordinary Shares of the Company, including, without
limitation, the right to receive all dividends and other distributions
declared, made or paid after the date of issue.

Application will be made to the London Stock Exchange for admission of the
Equity Fundraise Shares, Glencore Subscription Shares and the Open Offer
Shares to trading on AIM. Application has been made to the TSX for the Equity
Fundraise Shares, Glencore Subscription Shares and the Open Offer Shares to be
admitted to trading on the TSX, with listing subject to the approval of the
TSX and the Company satisfying all of the requirements of the TSX. It is
expected that AIM Admission will take place on or before 8.00 a.m. (London
time) on 22 December 2021 and that dealings in the Equity Fundraise Shares,
Glencore Subscription Shares and the Open Offer Shares on AIM will commence at
the same time. It is expected that trading in the Equity Fundraise Shares,
Glencore Subscription Shares and the Open Offer Shares on the TSX will take
place on or before 9.30 a.m. (Toronto time) on 22 December 2021 and that
dealings in the Equity Fundraise Shares, Glencore Subscription Shares and the
Open Offer Shares on the TSX will commence at the same time.

The Equity Fundraise is conditional upon, amongst other things, AIM Admission
becoming effective and upon the Placing Agreement and Agency Agreement not
being terminated in accordance with its terms.

Open Offer

In order to provide Shareholders who have not taken part in the Placing with
an opportunity to participate in the Equity Fundraising, the Company intends
to make an Open Offer to Qualifying Shareholders on the terms and conditions
to be set out in the circular. The Open Offer provides Qualifying Shareholders
with the opportunity to subscribe at the Issue to raise up to approximately
US$8 million (before fees and expenses) for the Company, on the basis of:

1 Open Offer Share for every 20 Ordinary Shares held as at the Record Date.

The Open Offer is conditional on the Placing becoming or being declared
unconditional in all respects and not being terminated before Admission.
Further details of the Open Offer and the terms and conditions on which it is
being made, including the procedure for application and payment, will be
contained in the shareholder circular, which shall be posted to Shareholders
and made available on the Company's website.

Expected timetable of principal events

Each of the times and dates in the below is indicative only and may be subject
to change by the Company, in which event details of the new times and dates
will be notified to shareholders by announcement through a Regulatory
Information Service.

                                                                                     2021
 Record Date for entitlements under the Open Offer                                   6:00 p.m. on 22 November
 Record Date attendance and voting at the General Meeting  for non-Canadian          6:00 p.m. on 17 December
 shareholders
 Record Date attendance and voting at the General Meeting  for Canadian              1 November 2021
 shareholders
 Announcement of the Fundraising                                                     23 November
 Publication of this Circular and the accompanying Form of Proxy and (to             29 November
 Qualifying Non-CREST Shareholders only) the Application Form
 Ex-entitlement Date for the Open Offer                                              8:00a.m. on 25 November
 Open Offer Entitlements and Excess CREST Open Offer Entitlements credited to        As soon as practical after 8:00a.m. on 30 November
 stock accounts of Qualifying CREST Shareholders in CREST
 Latest recommended time and date for requesting withdrawal of Open Offer            4:30 p.m. on 13 December
 Entitlements and Excess CREST Open Offer Entitlements from CREST
 Latest time and date for depositing Open Offer Entitlements and Excess CREST        3:00 p.m. on 14 December
 Open Offer Entitlements into CREST
 Latest time and date for splitting Application Forms (to satisfy bona fide          3:00 p.m. on 15 December
 market claims only)
 Latest time and date for receipt of completed Forms of Proxy and receipt of         1:00 p.m. on 16 December
 electronic proxy appointments via the CREST system
 Latest time and date for receipt of completed Forms of Proxy from Canadian          1:00 p.m. on 16 December
 shareholders and shareholders whose shares are held beneficially through the

 Canadian Depositary for Securities (CDS) for the General Meeting
 Latest time and date for receipt of the completed Application Form and              11:00 a.m. on 17 December
 appropriate payment in respect of Open Offer Shares or settlement of relevant
 CREST instruction
 Announcement of result of Open Offer                                                by 7.00 a.m. on 20 December
 General Meeting                                                                     1:00 p.m. on 20 December
 Announcement of result of General Meeting                                           20 December
 Subject to satisfying applicable listing conditions, AIM Admission and              8:00 a.m. on 22 December
 commencement of dealings in the New Ordinary Shares on AIM
 CREST accounts expected to be credited for the Fundraising Shares                   from 8:00 a.m. on 14 January 2022
 Latest date for posting of share certificates for the Fundraising Shares in         by 14 January 2022
 certificated form (if applicable)

 

Jeremy Martin, Chief Executive Officer of Horizonte, commented:

"I am delighted to announce completion of the Equity Fundraise. I would like
to thank all existing shareholders for their continued support throughout our
journey to reach this significant milestone, and to welcome our new
shareholders as we embark on this exciting new phase of Horizonte's story as
we commence construction at Araguaia and progress feasibility work at
Vermelho.  The comprehensive Funding Package that we have secured is
transformational for the Company, and places Horizonte at the forefront of
new, large-scale, sustainable nickel projects at a time when nickel's role in
accelerating the clean energy transition is becoming increasingly critical."

Terms used in this Announcement which are otherwise undefined have the
meanings given in the Equity Fundraise Announcement.

Enquiries:

 Horizonte Minerals plc                                                        +44 (0) 203 356 2901

 Jeremy Martin (CEO)

 Simon Retter (CFO)

 Anna Legge (Corporate Communications)

 BMO Capital Markets Limited (Joint Global Coordinator, Joint Bookrunner and   +44 (0) 207 236 1010
 Corporate Broker)

 Tom Rider / Pascal Lussier Duquette / Andrew Cameron / Muhammad Musa

 Peel Hunt LLP (Joint Global Coordinator, Joint Bookrunner, Nominated Adviser  +44 (0)20 7418 8900
 and Corporate Broker)

 Ross Allister / David McKeown

 H&P Advisory Limited (Joint Bookrunner and Financial Advisory)                +44 (0) 207 907 8500

 Andrew Chubb / Matt Hasson / Jay Ashfield / Franck Nganou

 

For the purposes of MAR and Article 2 of Commission Implementing Regulation
(EU) 2016/1055 (as transposed into the laws of the United Kingdom), the
person responsible for arranging for the release of this Announcement on
behalf of the Company is Simon Retter, Company Secretary and Chief Financial
Officer.

 

IMPORTANT NOTICES

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR
FORM ANY PART OF AN OFFER TO SELL OR ISSUE, OR A SOLICITATION OF AN OFFER TO
BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY SECURITIES IN THE UNITED STATES,
AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN
WHICH SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL OR TO ANY PERSON TO WHOM IT
IS UNLAWFUL TO MAKE SUCH OFFER OR SOLICITATION. NO PUBLIC OFFERING OF THE
FUNDRAISE SHARES IS BEING MADE IN ANY SUCH JURISDICTION. ANY FAILURE TO COMPLY
WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF
SUCH JURISDICTIONS.

 

This Announcement is not for public release, publication or distribution, in
whole or in part, directly or indirectly, in or into the United States,
Australia, the Republic of South Africa, Japan or any other jurisdiction in
which such release, publication or distribution would be unlawful.

 

No action has been taken by the Company, the Joint UK Bookrunners, the
Canadian Agents or any of their respective affiliates, or any of its or their
respective directors, officers, partners, employees, advisers and/or agents
(collectively, "Representatives") that would permit an offer of the Placing
Shares or possession or distribution of this Announcement or any other
publicity material relating to such Placing Shares in any jurisdiction where
action for that purpose is required. Persons receiving this Announcement are
required to inform themselves about and to observe any restrictions contained
in this Announcement. 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.
Persons distributing any part of this Announcement must satisfy themselves
that it is lawful to do so.

 

Investors Resident in the United Kingdom and the EEA

This Announcement is directed at and is only being distributed to: (a) persons
in member states of the European Economic Area (the "EEA") who are "qualified
investors", as defined in Article 2(e) of the Prospectus Regulation
(Regulation (EU) 2017/1129) (the "Prospectus Regulation") ("EEA Qualified
Investors"), (b) persons in the United Kingdom, who are qualified investors,
being persons falling within the meaning of Article 2(e) of Prospectus
Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the
European Union (Withdrawal) Act 2018 (the "UK Prospectus Regulation"), and
who (i) have professional experience in matters relating to investments who
fall within the definition of "investment professionals" in Article 19(5) of
the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005,
as amended (the "Order"); or (ii) are persons falling within Article 49(2)(a)
to (d) ("high net worth companies, unincorporated associations, etc") of the
Order; or (c) persons to whom it may otherwise be lawfully communicated (each
such person in (a), (b) and (c), a "Relevant Person"). This Announcement and
the information in it must not be acted on or relied on by persons who are not
Relevant Persons. Persons distributing this Announcement must satisfy
themselves that it is lawful to do so. Any investment or investment activity
to which this Announcement or the Placing relates is available only to
Relevant Persons and will be engaged in only with Relevant Persons. This
Announcement does not itself constitute an offer for sale or subscription of
any securities in the Company.

 

This Announcement is not being distributed by, nor has it been approved for
the purposes of section 21 of the Financial Services and Markets Act 2000, as
amended ("FSMA") by, a person authorised under FSMA. This Announcement is
being distributed and communicated to persons in the United Kingdom only in
circumstances in which section 21(1) of FSMA does not apply.

 

Investors Resident in the United States

This Announcement is not for publication or distribution, directly or
indirectly, in or into the United States of America. This Announcement is not
an offer of securities for sale into the United States. The securities
referred to herein have not been and will not be registered under the United
States Securities Act of 1933, as amended (the "U.S. Securities Act"), or with
any securities regulatory authority of any state or jurisdiction of the United
States, and may not be offered or sold in the United States, except pursuant
to an applicable exemption from the registration requirements of the U.S.
Securities Act and in compliance with any applicable securities laws of any
state or other jurisdiction of the United States. No public offering of the
Placing Shares is being made in the United States or elsewhere.

 

Investors Resident in Canada

This Announcement is not an offer of securities in Canada. The Canadian Agents
have been retained to act as agents in connection with the Canadian Offering
to conditionally offer Placing Shares for sale if, as and when issued by the
Company and accepted by the Canadian Agents on a "best efforts" basis in
accordance with the terms and conditions contained in the Agency Agreement.
The Canadian Offering is being made in each of the provinces and territories
of Canada, except Québec. Placing Shares will be offered in such provinces
and territories through those Canadian Agents or their affiliates who are
registered to offer Placing Shares for sale in such provinces and territories
and such other registered dealers as may be designated by the Canadian Agents.
Prospective investors in the Canadian Offering should rely only on the
information contained or incorporated by reference in the Canadian Prospectus.
The Company and the Canadian Agents have not authorised anyone to provide
purchasers with information different from that contained or incorporated by
reference in the Canadian Prospectus.

 

No Prospectus Outside Canada

Other than in Canada as contemplated pursuant to the terms of the Agency
Agreement, no public offering of the Placing Shares is being made in the
United States, United Kingdom or elsewhere. No prospectus will be made
available in the United Kingdom, the United States or elsewhere (other than in
Canada) in connection with the matters contained in this Announcement and all
offers of the Equity Fundraise Shares, Glencore Subscription Shares and the
Open Offer Shares will be made pursuant to an exemption from the requirement
to produce a prospectus under the Prospectus Regulation (EU) 2017/1129 (as
supplemented by Commission Delegated Regulation (EU) 2019/980 and Commission
Delegated Regulation (EU) 2019/979), as amended from time to time and
including any relevant implementing measure in any member state and / or as
transposed into the laws of the United Kingdom pursuant to the European Union
(Withdrawal) Act 2018.

 

Cautionary Statements Regarding Forward-Looking Information

This Announcement contains "forward-looking information" including as that
term is defined under applicable Canadian securities legislation. Such
information includes but is not limited to, the intended use of proceeds, the
launch and closing of the anticipated Bookbuild; and the receipt of required
approvals, including the approval of the shareholders of the Company and the
TSX. Generally, forward-looking information can be identified by the use of
words such as "plans", "expects" or "is expected", "scheduled", "estimates"
"intends", "anticipates", "believes", or variations of such words and phrases,
or statements that certain actions, events or results "can", "may", "could",
"would", "should", "might" or "will", occur or be achieved, or the negative
connotations thereof. These forward-looking statements are subject to numerous
risks and uncertainties, certain of which are beyond the control of the
Company, which could cause the actual results, performance or achievements of
the Company to be materially different from the future results, performance or
achievements expressed or implied by such information. These risks include,
without limitation, risks related to AIM Admission and the approval of the TSX
and other applicable securities regulatory authorities, a failure to obtain
adequate financing on a timely basis and on acceptable terms, political and
regulatory risks associated with mining and exploration activities, including
environmental regulation, risks and uncertainties relating to the
interpretation of drill and sample results, risks related to the uncertainty
of cost and time estimation and the potential for unexpected delays, costs and
expenses, risks related to metal price fluctuations, the market for nickel and
cobalt products, other risks and uncertainties related to the Company's
prospects, properties and business as well as those risk factors discussed or
referred to herein and in the Company's disclosure record, including in its
annual information form for the year ended December 31, 2020 filed with the
securities regulatory authorities in all territories and provinces of Canada,
other than Quebec, and available at www.sedar.com. Although the Company has
attempted to identify important factors that could cause actual actions,
events or results to differ materially from those described in forward-looking
information, there may be other factors that cause actions, events or results
not to be anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such
information. The Company undertakes no obligation to update forward-looking
information if circumstances or management's estimates, assumptions or
opinions should change, except as required by applicable law. The reader is
cautioned not to place undue reliance on forward-looking information. The
information in this Announcement is subject to change.

 

Other Cautions

 

BMO Capital Markets Limited, which is authorised and regulated in the United
Kingdom by the FCA, is acting exclusively for the Company and for no one else
in connection with the UK Placing and will not regard any other person
(whether or not a recipient of this Announcement) as a client in relation to
the UK Placing or any other matter referred to in this Announcement and will
not be responsible to anyone other than the Company in connection with the UK
Placing or for providing the protections afforded to their respective clients
or for giving advice in relation to the UK Placing or any other matter
referred to in this Announcement.

 

Peel Hunt LLP, which is authorised and regulated in the United Kingdom by the
FCA, is acting exclusively for the Company and for no one else in connection
with the UK Placing and will not regard any other person (whether or not a
recipient of this Announcement) as a client in relation to the UK Placing or
any other matter referred to in this Announcement and will not be responsible
to anyone other than the Company in connection with the UK Placing or for
providing the protections afforded to their respective clients or for giving
advice in relation to the UK Placing or any other matter referred to in this
Announcement. Peel Hunt LLP's responsibilities as the Company's nominated
adviser under the AIM Rules for Nominated Advisers are owed solely to the
London Stock Exchange and are not owed to the Company or to any Director or to
any other person.

 

H&P Advisory Ltd, which is authorised and regulated in the United Kingdom
by the FCA, is acting exclusively for the Company and for no one else in
connection with the UK Placing and will not regard any other person (whether
or not a recipient of this Announcement) as a client in relation to the UK
Placing or any other matter referred to in this Announcement and will not be
responsible to anyone other than the Company in connection with the UK Placing
or for providing the protections afforded to their respective clients or for
giving advice in relation to the UK Placing or any other matter referred to in
this Announcement.

 

In connection with the Placing, the Joint UK Bookrunners, the Canadian Agents
and any of their respective affiliates, acting as investors for their own
account, may take up a portion of the shares in the Placing as a principal
position and in that capacity may retain, purchase, sell, offer to sell for
the own accounts or otherwise deal for their own account in such shares and
other securities of the Company or related investments in connection with the
Placing or otherwise. Accordingly, references to Placing Shares being offered,
acquired, placed or otherwise dealt in should be read as including any issue
or offer to, or acquisition, placing or dealing by, the Joint UK Bookrunners,
the Canadian Agents and any of their respective affiliates acting in such
capacity. In addition, the Joint UK Bookrunners, the Canadian Agents and any
of their respective affiliates may enter into financing arrangements
(including swaps) with investors in connection with which the Joint UK
Bookrunners, the Canadian Agents and any of their respective affiliates may
from time to time acquire, hold or dispose of shares. None of the Joint UK
Bookrunners nor any of the Canadian Agents intend to disclose the extent of
any such investment or transactions otherwise than in accordance with any
legal or regulatory obligations to do so.

 

This Announcement is being issued by and is the sole responsibility of the
Company. No representation or warranty, express or implied, is or will be made
as to, or in relation to, and no responsibility or liability is or will be
accepted by or on behalf of any of the Joint UK Bookrunners or any of the
Canadian Agents (apart from, in the case of the Joint UK Bookrunners, the
responsibilities or liabilities that may be imposed by the Financial Services
and Markets Act 2000, as amended ("FSMA") or the regulatory regime established
thereunder) and/or by any of their respective affiliates and/or any of their
respective Representatives as to, or in relation to, the accuracy, adequacy,
fairness or completeness of this Announcement or any other written or oral
information made available to or publicly available to any interested party or
their respective advisers or any other statement made or purported to be made
by or on behalf of any of the Joint UK Bookrunners, any of the Canadian Agents
and/or any of their respective affiliates and/or by any of their respective
Representatives in connection with the Company, the Equity Fundraise Shares,
the Glencore Subscription Shares, the Open Offer Shares, the Proposed Funding
Package or the Open Offer and any responsibility and liability whether arising
in tort, contract or otherwise therefor is expressly disclaimed. No
representation or warranty, express or implied, is made by any of the Joint UK
Bookrunners, any of the Canadian Agents and/or any of their respective
affiliates and/or any of their respective Representatives as to the accuracy,
fairness, verification, completeness or sufficiency of the information or
opinions contained in this Announcement or any other written or oral
information made available to or publicly available to any interested party or
their respective advisers, and any liability therefor is expressly disclaimed.

 

The information in this Announcement may not be forwarded or distributed to
any other person and may not be reproduced in any manner whatsoever. Any
forwarding, distribution, reproduction or disclosure of this Announcement, in
whole or in part, is unauthorised. Failure to comply with this directive may
result in a violation of the U.S. Securities Act or the applicable laws of
other jurisdictions.

 

This Announcement does not identify or suggest, or purport to identify or
suggest, the risks (direct or indirect) that may be associated with an
investment in the Placing Shares. Any investment decision to buy Placing
Shares must be made solely on the basis of publicly available information.
This Announcement does not constitute a recommendation concerning any
investor's options with respect to the Placing. Recipients of this
Announcement should conduct their own investigation, evaluation and analysis
of the business, data and other information described in this Announcement.
The price and value of securities can go down as well as up and investors may
not get back the full amount invested upon the disposal of the shares. Past
performance is not a guide to future performance. The contents of this
Announcement are not to be construed as legal, business, financial or tax
advice. Each investor or prospective investor should consult his or her or its
own legal adviser, business adviser, financial adviser or tax adviser for
legal, business, financial or tax advice.

 

Any indication in this Announcement of the price at which the Company's shares
have been bought or sold in the past cannot be relied upon as a guide to
future performance. Persons needing advice should consult an independent
financial adviser. No statement in this Announcement is intended to be a
profit forecast or profit estimate for any period and no statement in this
Announcement should be interpreted to mean that earnings, earnings per share
or income, cash flow from operations or free cash flow for the Company for the
current or future financial periods would necessarily match or exceed the
historical published earnings, earnings per share or income, cash flow from
operations or free cash flow for the Company.

 

The Equity Fundraise Shares and the Glencore Subscription Shares to be issued
pursuant to the Proposed Funding Package will not be admitted to trading on
any stock exchange other than AIM and the TSX. The Equity Fundraise Shares
will, when issued in accordance with the rules of the TSX, form part of the
Ordinary Shares of the Company currently listed for trading on the TSX.

 

Neither the content of the Company's website (or any other website) nor the
content of any website accessible from hyperlinks on the Company's website (or
any other website) is incorporated into, or forms part of, this Announcement.

 

This Announcement has been prepared for the purposes of complying with
applicable law and regulation in the United Kingdom and the information
disclosed may not be the same as that which would have been disclosed if this
Announcement had been prepared in accordance with the laws and regulations of
any jurisdiction outside the United Kingdom.

 

 

 

 

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