Hogg Robinson Group Regulatory News (HRG)

12 Oct 2006 08:06

Hogg Robinson Group PLC12 October 2006 This announcement is not a prospectus but an advertisement. The prospectuspublished by the Company in relation to the Global Offer (as defined below) on 9October 2006 has been delivered to the document viewing facility of theFinancial Services Authority and is available from Hogg Robinson Group plc'sregistered office at Global House, Victoria Street, Basingstoke, Hampshire RG213BT and from the registered offices of Lazard & Co., Limited and the JointBookrunners which, in each case, are set out below. 12 October 2006 Hogg Robinson Group plc ("Hogg Robinson Group" or the "Company") Admission to the Official List of the Financial Services Authority Hogg Robinson Group announces that its ordinary shares have been admitted to theOfficial List of the Financial Services Authority and to trading on the mainmarket of London Stock Exchange plc and that unconditional dealings in HoggRobinson Group's ordinary shares commenced at 8:00 a.m. today. Following theoffer of ordinary shares in the capital of the Company to institutionalinvestors (the "Global Offer"), Hogg Robinson Group's market capitalisation,based on the offer price of 90p per ordinary share, is approximately £275million. Commenting on the listing, David Radcliffe, Chief Executive of Hogg RobinsonGroup, said: "Today's listing is an important step for Hogg Robinson Group as we move intothe next phase of the Company's development. Since going private in 2000, wehave transformed Hogg Robinson Group into a growth-focused, global supportservices company with high quality earnings and a balanced strategy of organicand acquisitive development. The Board welcomes our new shareholders and our return to the market." Lazard & Co., Limited ("Lazard") acted as Financial Adviser to the Company inconnection with the Global Offer. Lazard and Merrill Lynch International actedas Joint Sponsors in connection with the Global Offer. Citigroup GlobalMarkets U.K. Equity Limited ("Citigroup"), Credit Suisse Securities (Europe)Limited, Lehman Brothers International (Europe) and Merrill Lynch Internationalacted as Joint Bookrunners to the Global Offer. Enquiries Bell Pottinger Corporate & Financial +44 (0) 20 7861 3232David Rydell +44 (0) 20 7861 3886Andrew Benbow +44 (0) 20 7861 3865 Hogg Robinson Group plc +44 (0) 1256 312 600David Radcliffe +44 (0) 1256 312 602John Kennerley +44 (0) 1256 312 610Jacqui Higgs +44 (0) 1256 312 619 The Global Offer has been made solely in and by reference to the prospectuspublished by the Company in relation to the Global Offer on 9 October 2006. The securities referred to in this document have not been, and will not be,registered under the U.S. Securities Act of 1933, as amended (the "SecuritiesAct"), or under the securities legislation of any state of the United States,and may not be offered or sold in the United States, other than pursuant to anexemption from, or in a transaction not subject to, the registrationrequirements of the Securities Act. The Company does not presently intend tomake a public offer of securities in the United States or to register anysecurities under the Securities Act. The contents of this announcement, which have been prepared by the Company, havebeen approved by Lazard & Co., Limited and Merrill Lynch International solelyfor the purposes of section 21(2)(b) of the Financial Services and Markets Act2000. Lazard & Co., Limited and Merrill Lynch International, each of which isregulated in the United Kingdom by the Financial Services Authority, are actingfor the Company and no one else in connection with the Global Offer andAdmission and will not be responsible to anyone other than the Company forproviding the protections afforded to the respective clients of Lazard & Co.,Limited and Merrill Lynch International, nor for providing advice in relation tothe Global Offer, the contents of this announcement or any transaction,arrangement or other matter referred to herein. This announcement does not constitute an offer to sell or the solicitation of anoffer to buy securities of the Company. Citigroup, as stabilising manager, will not undertake any stabilisationactivities in relation to the market price of the ordinary shares of the Companyin connection with the Global Offer. The registered address of Lazard & Co., Limited is 50 Stratton Street, London,W1J 8LL. The Bookrunners for the Global Offer and their registered addresses are: Merrill Lynch International Citigroup Global Markets U.K. Equity Limited2 King Edward Street Citigroup CentreLondon 33 Canada SquareEC1A 1HQ London E14 5LB Credit Suisse Securities (Europe) Limited Lehman Brothers International (Europe)One Cabot Square 25 Bank StreetLondon 30th FloorE14 4QJ London E14 5LE This information is provided by RNS The company news service from the London Stock Exchange