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.
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