MIAMI, Jan. 31, 2022 /PRNewswire/ — On June 28, 2021, Carnival Corporation & plc (NYSE/LSE: CCL NYSE: CUK) declared (the “Previous Announcement”) that Carnival Corporation had submitted a prospectus health supplement with the United States Securities and Exchange Fee (the “Fee”), below which it might offer and offer shares of its widespread stock (the “Shares”) by means of its agent, BofA Securities, Inc. (the “Agent”), owning an aggregate presenting price tag of up to $500 million, from time to time through an “at-the-current market” equity giving system (the “Offering”). As described in the Earlier Announcement, Carnival Company intends to use the net proceeds from the Supplying to invest in an equivalent amount of Carnival plc normal shares (the “Share Acquire Program”) and use the remaining web proceeds, if any, from the Featuring for typical corporate uses.
The Previous Announcement mentioned that the Share Purchase Program was expected to finish no later on than January 31, 2022. Right now, Carnival Company & plc announce an extension of the Share Order Method until eventually April 30, 2022, underneath the identical terms.
PJT Companions continues serving as unbiased monetary advisor to Carnival Corporation and Carnival plc.
All Carnival plc common shares acquired less than the Share Order Program will be held by Carnival Corporation in accordance with the phrases of the content articles of affiliation of Carnival plc and will carry no voting rights for so prolonged as they are held by Carnival Company or its subsidiaries. None of the obtained standard shares of Carnival plc will be cancelled or held as treasury shares.
The Featuring has been registered less than the Securities Act of 1933, as amended, pursuant to a registration statement on Form S-3 (File Nos. 333-252433 and 333-252433-01) submitted by Carnival Company and Carnival plc with the Fee on January 26, 2021. The phrases of the Offering are described in the prospectus dated January 26, 2021, as supplemented by the prospectus nutritional supplement dated June 28, 2021.
This Announcement shall not constitute an give to promote or the solicitation of an supply to obtain any Shares underneath the Offering Settlement (as outlined beneath) nor shall there be any sale of such Shares in any state in which this kind of supply, solicitation or sale would be illegal prior to registration or qualification less than the securities rules of any this kind of point out. In link with the Providing, on June 28, 2021, Carnival Company and Carnival plc entered into a marketing agreement (the “Selling Arrangement”) with the Agent. The Advertising Settlement is made up of customary representations, covenants and indemnification provisions. A duplicate of the Offering Settlement is attached as Show 1.1 to the Present-day Report on Sort 8-K filed by Carnival Company and Carnival plc with the Fee on June 28, 2021, and the descriptions of the product phrases of the Advertising Agreement in this Announcement are skilled in their entirety by reference to these types of Exhibit.
A duplicate of the prospectus complement is offered for inspection at www.morningstar.co.united kingdom/british isles/NSM. A duplicate of the prospectus health supplement and the Recent Report is also out there in the Trader Relations segment of the Carnival Corporation & plc web-site at wwww.carnivalcorp.com or www.carnivalplc.com, inside SEC Filings less than the Monetary Data segment.
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Source Carnival Corporation & plc
MEDIA Speak to: Roger Frizzell, 001 305 406 7862, Trader RELATIONS Get in touch with: Beth Roberts, 001 305 406 4832
