Kennedy Wilson Announces Redemption of Outstanding Public Warrants
BEVERLY HILLS, Calif. -- November 21, 2013
International real estate investment and services firm Kennedy Wilson (NYSE:
KW) today announced the call for redemption of all 752,619 outstanding public
warrants to purchase shares of common stock that were issued in its initial
public offering. The Company is exercising its right to call the public
warrants for redemption after satisfying the applicable conditions set forth
in the warrant agreement.
A call notice was sent to all public warrant holders on November 21, 2013.
These warrant holders will have until 5:00 p.m. New York City time on December
20, 2013 to exercise their warrants at $12.50 per share. Any public warrants
that have not been exercised by such time may be redeemed by the Company on
December 23, 2013 at a redemption price of $.01 per warrant.
This release is neither an offer to sell nor a solicitation of an offer to buy
any securities of Kennedy-Wilson Holdings, Inc.
About Kennedy Wilson
Founded in 1977, Kennedy Wilson is an international real estate investment and
services company headquartered in Beverly Hills, CA with 24 offices in the
U.S., U.K., Ireland, Spain and Japan. The company offers a comprehensive array
of real estate services including auction, conventional sales, property
services, research and investment management. Through its fund management and
separate account businesses, Kennedy Wilson is a strategic investor of real
estate investments in the U.S., Europe and Japan. For further information on
Kennedy Wilson, please visit www.kennedywilson.com.
VP of Corporate Communication
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