Stabilisation Notice

11 Apr 2006 09:32

Goldenport Holdings Inc11 April 2006 NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN OR INTO AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES 11 April 2006 Announcement of Exercise of Over-Allotment Option: Goldenport Holdings Inc. In connection with the offer (the "Offer") in relation to the following shares(the "Shares"): Goldenport Holdings Inc. shares of common stock of U.S.$0.01 each ISIN Code: MHY 274991055 Goldenport Holdings Inc. (the "Company") announces that in connection with theinitial public offering of the Company (the "Offer"), HSBC Bank plc, asstabilising manager, has today given notice to exercise the Over-AllotmentOption in respect of 2,553,191 Shares ("over-allotment shares") in the Company.All of the £6 million proceeds arising from the exercise of the Over-AllotmentOption, net of applicable fees, will be received by the Company. Including theexercise of the Over-Allotment Option, the total size of the Offer was £66million (28,085,106 Shares). Following the exercise of the Over-AllotmentOption, the free float will be approximately 40.2% of the Shares and the Dragnisfamily will own approximately 59.8% of the Company's issued share capital. HSBC Bank plc contacts Stabilisation Manager Ian Jeynes 020 7991 5273 The contents of this announcement, which has been issued by and is the soleresponsibility of Goldenport, have been approved solely for the purposes ofsection 21 of the Financial Services and Markets Act 2000 by HSBC Bank plc of 8Canada Square, London E14 5HQ. HSBC Bank plc is acting for Goldenport and no one else in connection with theOffer and will not be responsible to any other person for providing theprotections afforded to its clients or for providing advice in relation to theOffer. No offer or invitation to acquire shares in Goldenport is being made by or inconnection with this announcement. Any such offer will be made solely by meansof a prospectus to be published in due course and any supplement or amendmentthereto and any acquisition of securities should be made on the basis of theinformation contained in such prospectus. This does not constitute a recommendation concerning the Offering. The value ofshares can go down as well as up. Past performance is not a guide to futureperformance. Potential investors should consult a professional adviser as to thesuitability of any Offering for the individual concerned. Shares in Goldenport have not been, nor will they be, registered under theUnited States Securities Act of 1933, as amended (the "Securities Act") and maynot be offered or sold in the United States or to or for the account or benefitof US persons (as such terms are defined in Regulation S under the SecuritiesAct) absent registration or an exemption from registration. Shares in Goldenportare being offered and sold outside of the United States in reliance ofRegulation S of the Securities Act. In addition, until 40 days after thecommencement of the Offer, an offer or sale of those shares within the UnitedStates by any dealer (whether or not participating in the Offer) may violate theregistration requirements of the Securities Act unless made pursuant to anexemption from the registration requirements of the Securities Act. This announcement does not constitute an offer to sell, exchange or transfer anysecurities of Goldenport and is not soliciting an offer to purchase, exchange ortransfer such securities in any jurisdiction where the offer, sale, exchange ortransfer is not permitted or to any person or entity to whom it is unlawful tomake that offer, sale, exchange or transfer. This announcement is not an offerof securities for sale in the United States. Securities may not be offered orsold in the United States absent registration or an exemption from registration.No public offering will be made in the United States. Shares in Goldenport have not been and will not be registered under theapplicable securities laws of Australia, Canada or Japan and may not be offeredor sold within Australia, Canada or Japan or to, or for the account or benefitof, citizens and residents of Australia, Canada or Japan. This information is provided by RNS The company news service from the London Stock Exchange