Placing and Open Offer Update

NOT FOR FORWARDING, RELEASE, PUBLICATION OR DISTRIBUTION IN PART OR IN WHOLE DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, SOUTH AFRICA OR SWITZERLAND OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS ANNOUNCEMENT, WHICH HAS BEEN PREPARED BY AMINEX PLC, IS AN ADVERTISEMENT AND NOT A PROSPECTUS.  INVESTORS SHOULD NOT SUBSCRIBE FOR OR PURCHASE ANY SECURITIES REFERRED TO IN THIS ANNOUNCEMENT EXCEPT ON THE BASIS OF INFORMATION IN THE PROSPECTUS TO BE PUBLISHED BY AMINEX PLC IN CONNECTION WITH THE PLACING AND OPEN OFFER.

 

30 January 2014

 

Aminex PLC

("Aminex" or "the Company")

 

PLACING AND OPEN OFFER UPDATE

 

Further to the announcement of a proposed equity funding earlier today, the board of Aminex announces the expected timetable of principal events in connection with the Placing and the Open Offer.

 

Event	Time and/or Date
Record Date for entitlement under the Open Offer	5.00 p.m. 29 January 2014
Ex‑entitlement date for the Open Offer	8.00 a.m. on 30 January 2014
Open Offer Entitlements credited to CREST stock accounts of Qualifying CREST Shareholders in CREST	8.00 a.m. on 31 January 2014
Recommended latest time for requesting withdrawal of Open Offer Entitlements from CREST (i.e. if your Open Offer Entitlements are in CREST and you wish to convert them to certificated form)	4.30 p.m. 14 February 2014
Latest time for depositing Open Offer Entitlements into CREST	3.00 p.m. 17 February 2014
Latest time and date for splitting Application Forms (to satisfy bona fide market claims only)	3.00 p.m. 18 February 2014
Latest time and date for receipt of completed Application Forms and payment in full or settlement of relevant CREST instructions under the Open Offer (as appropriate)	11.00 a.m. on 20 February 2014
Latest time and date for receipt of Forms of Proxy/CREST proxy instructions in respect of EGM	11.00 a.m. on 22 February 2014
Announcement of the take up under the Open Offer	24 February 2014
Extraordinary General Meeting	11.00 a.m. on 24 February 2014
Renominalisation becomes effective	8.00 a.m. 25 February 2014
Issue of Placing Shares, Canyon Acquisition Shares and the Debt for Equity Shares	25 February 2014
Admission to trading and commencement of dealings in Placing Shares, the Canyon Acquisition Shares and the Debt for Equity Shares on the Irish and London Stock Exchanges	8.00 a.m. on 25 February 2014
Crediting of Placing Shares to CREST accounts	10.00 a.m. on 25 February 2014
Dispatch of definitive share certificates for the Placing Shares in certificated form by no later than	28 February 2014
Issue of Open Offer Shares	28 February 2014
Admission to trading and commencement of dealings in Open Offer Shares on the Irish and London Stock Exchanges	8.00 a.m. on 28 February 2014
Crediting of Open Offer Shares to CREST accounts	8.00 a.m. on 28 February 2014
Dispatch of definitive share certificates for the Open Offer Shares in certificated form by no later than	10 March 2014

 

Notes:

(1)       All references to time in this announcement are to time in London.

 

(2)       The dates set out above may be adjusted by Aminex, in which event details of new dates will be notified, via a Regulatory Information Service, to the Irish Stock Exchange, the FCA and the London Stock Exchange and, where appropriate, to Qualifying Shareholders.

 

Enquiries:

 

For further information:
Aminex Brian Hall, Chairman
Jay Bhattacherjee, Chief Executive Officer Max Williams Chief Financial Officer	Tel: +44 (0) 20 72913100
Davy
Eugenee Mulhern / Brian Garrahy	Tel: +353 (0) 1 6796363
Shore Capital
Jerry Keen / Stephane Auton / Toby Gibbs	Tel: + 44 (0) 20 7408 4090
FTI Consulting Edward Westropp	Tel +44 (0) 20 7831 3113

 

The contents of this announcement have been approved by Davy solely for the purposes of section 21(2) of the Financial Services and Markets Act 2000.

 

J&E Davy (''Davy'') (each of which is regulated in Ireland by the Central Bank) and Shore Capital Stockbrokers Limited (''Shore Capital") (which is regulated in the UK by the Financial Services Authority) are acting exclusively for Aminex in connection with the Placing and Open Offer and the requirements of the Irish Stock Exchange and the UK Listing Authority and for no one else and will not be responsible to any other person for providing the protection afforded to customers of Davy or Shore Capital respectively nor for providing advice in connection with the Placing and Open Offer and this announcement.

 

Participation in the proposed Open Offer will not be available to shareholders resident in the United States, Australia, Canada, South Africa, New Zealand, Switzerland or Japan or any other jurisdiction where it would be unlawful to offer participation.

 

This announcement has not been approved by the Central Bank, the Financial Services Authority or by any other regulatory authority. This announcement is for information only and does not constitute, or form part of, an offer of, or the solicitation of any offer to subscribe for or buy, any of the Ordinary Shares to be issued or sold in connection with the Placing and/or Open Offer.

 

This announcement is an advertisement and does not constitute a prospectus or prospectus equivalent document. Nothing in this announcement should be interpreted as a term or condition of the Placing or the Open Offer. A prospectus relating to the Open Offer will be prepared and be made available in accordance with EU Directive 2003/71/EC and/or Part VI of the Financial Services and Markets Act 2000.

 

The offer of securities in certain jurisdictions may be restricted by law and therefore potential investors should inform themselves about and observe any such restrictions. This announcement is not for publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, Japan, New Zealand, South Africa, Switzerland or any other jurisdiction in which such publication or distribution would be a violation of the relevant laws of such jurisdiction. This announcement is for information only and does not constitute an offer or invitation to acquire or dispose of securities in the United States, Australia, Canada, Japan, New Zealand, South Africa or Switzerland or any other jurisdiction in which such offer or invitation would be a violation of the relevant laws of such jurisdiction. In particular, this announcement does not constitute or form part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein (the "Securities") have not been and will not be registered under the US Securities Act of 1933, as amended ('the Securities Act'), or with any securities regulatory authority of any state or other jurisdiction of the United States, and may not be offered or sold in the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any relevant state securities laws. There will be no public offer of Securities in the United States.

 

Past performance is no guide to future performance and persons needing advice should consult an independent financial adviser.

 

The distribution of this announcement may be restricted by law. No action has been taken that would permit the possession or distribution of this announcement in any jurisdiction where action for that purpose is required.