Hogg Robinson Group Regulatory News (HRG)

11 Oct 2006 07:48

Hogg Robinson Group PLC11 October 2006 This announcement is not a prospectus but an advertisement. The prospectuspublished by the Company in relation to the Global Offer on 9 October 2006 hasbeen delivered to the document viewing facility of the Financial ServicesAuthority and is available from Hogg Robinson Group plc's registered office atGlobal House, Victoria Street, Basingstoke, Hampshire RG21 3BT and from theregistered offices of Lazard & Co. Limited and the Bookrunners which, in eachcase, are set out below. HOGG ROBINSON GROUP PLC Announcement of Exercise of Over-Allotment Option Hogg Robinson Group plc ("Hogg Robinson Group" or the "Company") announces that,in connection with the offer of ordinary shares in the capital of the Company("Ordinary Shares") to institutional investors (the "Global Offer"), CitigroupGlobal Markets U.K. Equity Limited, as stabilising manager, has, on behalf ofthe Joint Bookrunners as underwriters to the Global Offer, exercised in full theover-allotment option in respect of 24,444,443 existing Ordinary Shares. Hogg Robinson will receive none of the £22 million proceeds arising from theexercise of the over-allotment option. Including the exercise of theover-allotment option, the total size of the Global Offer was £242.0 million(268,888,869 Ordinary Shares), representing approximately 88% of the enlargedissued ordinary share capital of the Company as at Admission. Enquiries Hogg Robinson Group +44 (0) 1256 312 600David Radcliffe +44 (0) 1256 312 602Keith Burgess +44 (0) 1256 312 613Jacqui Higgs +44 (0) 1256 312 619 Lazard +44 (0) 20 7187 2000Peter Kiernan +44 (0) 20 7187 2920Stuart Mackay +44 (0) 20 7187 2154 Merrill Lynch International +44 (0) 20 7628 1000Rupert Hume-Kendall +44 (0) 20 7996 2441Jeff Blue +44 (0) 20 7995 3841 Citigroup +44 (0) 20 7986 4000Michael Lavelle +44 (0) 20 7986 1133Simon Lindsay +44 (0) 20 7986 7324 Credit SuisseAntony Isaacs +44 (0) 20 7883 8471Simon Taurins +44 (0) 20 7888 8014 Lehman BrothersJohanna Campion +44 (0) 20 7102 1055Ben Iversen +44 (0) 20 7103 1026 Bell Pottinger Corporate & Financial +44 (0) 20 7861 3232David Rydell +44 (0) 20 7861 3886Andrew Benbow +44 (0) 20 7861 3865 No offer or invitation to purchase or subscribe for securities of the Company isbeing made at this time. Any such offer or invitation has been made solely inand by reference to the prospectus published by the Company in relation to theGlobal 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 "Securities Act"), 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 an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The Company does not presently intend to make a public offer of securities in the United States or to register any securities under the Securities Act. The contents of this announcement, which have been prepared by the Company, have been approved by Lazard & Co., Limited and Merrill Lynch International solely for the purposes of section 21(2)(b) of the Financial Services and Markets Act 2000. Lazard & Co., Limited and Merrill Lynch International, each of which is regulated in the United Kingdom by the Financial Services Authority,are acting for the Company and no one else in connection with the Global Offer and will not be responsible to anyone other than the Company for providing the protections afforded to the respective clients of Lazard & Co., Limited and Merrill Lynch International, nor for providing advice in relation to the 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 an offer to buy securities of the Company. This announcement does not constitute a recommendation concerning the Ordinary Shares. The value of shares can go down as well as up. 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 5LBCredit Suisse Securities (Europe) Lehman Brothers International (Europe)LimitedOne 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