Kin Group Regulatory News (KIN)

5 Dec 2005 16:58

Kiln PLC05 December 2005 Kiln plc Rights Issue For publication in the United Kingdom only. Not for release, publication,transmission or distribution directly or indirectly in or into any otherjurisdiction including the United States of America, Canada, Japan, Australia,New Zealand, the Republic of South Africa or the Republic of Ireland. As a result of its trading update announcement on 30 November 2005, Kiln plc(the "Company") has today, in respect of its rights issue, published asupplementary prospectus to the prospectus published by the Company on 2November 2005. The supplementary prospectus has been filed with the FinancialServices Authority in accordance with the Prospectus Rules. Copies of thesupplementary prospectus are also available from the offices of the Company at106 Fenchurch Street, London, EC3M 5NR, at the offices of Norton Rose, KempsonHouse, Camomile Street, London EC3A 7AN and at the offices of Numis SecuritiesLimited, Cheapside House, 138 Cheapside, London EC2V 6CH. 5 December 2005 Enquiries: Kiln plc 020 7886 9000Keith Grant Company Secretary College Hill 020 7457 2020Roddy Watt This announcement does not constitute, or form part of, an offer to sell, or thesolicitation of an offer to subscribe for or buy any of the shares to be issuedin connection with the rights issue (the "Issue Shares"). Any decision to investin the Issue Shares should only be made on the basis of information in theprospectus and the supplementary prospectus both of which contain informationrelating to the rights issue. The Directors of Kiln have taken all reasonable care to ensure that theinformation contained in this announcement is, to the best of their knowledge,in accordance with the facts and contains no omission likely to affect theimport of such information. Numis, which is regulated in the United Kingdom by the Financial ServicesAuthority, is acting as sponsor, joint financial adviser, corporate broker andunderwriter to Kiln plc in relation to the matters described in thisannouncement and is not acting for any other person and will not be responsibleto any other person for providing the protections afforded to customers of Numisnor for advising them on the contents of this announcement or any other matterin relation to the rights issue. Lexicon Partners, which is regulated in the United Kingdom by the FinancialServices Authority, is acting as joint financial adviser to Kiln plc in relationto the matters described in this announcement and is not acting for any otherperson and will not be responsible to any other person for providing theprotections afforded to customers of Lexicon Partners nor for advising them onthe contents of this announcement or any other matter in relation to the rightsissue. The contents of this announcement have been approved by Numis solely for thepurposes of section 21(2)(b) of the Financial Services and Markets Act 2000. The release, publication or distribution of this announcement in certainjurisdictions may be restricted by law and therefore persons in suchjurisdictions into which this announcement is released, published or distributedshould inform themselves about and observe such restrictions. THIS ANNOUNCEMENT DOES NOT CONSTITUTE, OR FORM PART OF, AN OFFER TO SELL OR THESOLICITATION OF AN OFFER TO SUBSCRIBE FOR OR BUY ANY SECURITIES, NOR THESOLICITATION OF ANY VOTE OR APPROVAL IN ANY JURISDICTION, NOR SHALL THERE BE ANYSALE, ISSUE OR TRANSFER OF THE SECURITIES REFERRED TO IN THIS ANNOUNCEMENT INANY JURISDICTION IN CONTRAVENTION OF APPLICABLE LAW. This announcement is not an offer of securities for sale in the United States.Securities may not be offered or sold in the United States absent registrationunder the US Securities Act of 1933 (the "US Securities Act") or an exemptiontherefrom. Kiln has not and does not intend to register any of the provisionalallotment letters, nil paid rights, fully paid rights or Issue Shares under theUS Securities Act. The provisional allotment letters, nil paid rights, fullypaid rights and Issue Shares will not be offered or sold to the public in theUnited States. This information is provided by RNS The company news service from the London Stock Exchange