Melrose Industries PLC Return of Capital and Total Voting Rights (1020K)
August 31 2021 - 01:00AM
UK Regulatory
TIDMMRO
RNS Number : 1020K
Melrose Industries PLC
31 August 2021
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH
JURISDICTION
31 August 2021
MELROSE INDUSTRIES PLC
Return of Capital, Share Consolidation and Total Voting
Rights
Further to the circular in relation to the Company's return of
approximately GBP730 million in cash to Shareholders (the "Return
of Capital"), posted to shareholders on 22 June 2021 (the
"Circular"), and the passing of all the required resolutions by
shareholders at the general meeting held on 9 July 2021, Melrose
Industries PLC (the "Company") announces, that the issue,
redemption and cancellation of the B2 Shares relating to the B2
Share Scheme will occur at 8.00 a.m. today.
No application has been, nor will be, made to the FCA or to the
LSE, respectively, for any of the B2 Shares to be admitted to the
Official List or to trading on the LSE's main market for listed
securities, nor will the B2 Shares be listed or admitted to trading
on any other recognised investment exchange.
No share certificates will be issued in respect of the B2 Shares
and no CREST accounts will be credited with B2 Shares.
Share Consolidation
With effect from 8.00 a.m. today, 31 August 2021, the New
Ordinary Shares will be admitted to the premium listing segment of
the Official List of the FCA and to trading on the main market of
the LSE. The listing of the Company's Existing Ordinary Shares will
therefore be cancelled with effect from 8.00 a.m. today, 31 August
2021. Share certificates in respect of Existing Ordinary Shares
will cease to be valid. It is expected that by 14 September 2021,
the Company will despatch share certificates in respect of the New
Ordinary Shares to those Shareholders who held their Existing
Ordinary Shares in certificated form. Until such time Shareholders
should retain any share certificate(s) they currently hold in
respect of Existing Ordinary Shares for record purposes only.
Shareholders who held their Existing Ordinary Shares in CREST
will have the New Ordinary Shares to which they are entitled
automatically credited to their CREST accounts at approximately
8.00 a.m. today (or as soon as possible thereafter).
Total Voting Rights
Following the completion of the Share Consolidation and
redemption and cancellation of the B2 Shares at 8.00 a.m. today,
the Company will have 4,372,429,473 New Ordinary Shares in issue,
each with voting rights. Therefore, the Company hereby confirms
that the total number of voting rights in the Company will be
4,372,429,473. This figure may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.
Enquiries:
Investor Relations: +44 (0) 7974 974690
ir@melroseplc.net
+44 (0) 20 3514
Montfort Communications 0897
Nick Miles +44 (0) 7739 701634
+44 (0) 7921 881
Charlotte McMullen 800
miles@montfort.london / mcmullen@montfort.london
Important Notices
Capitalised terms used in this announcement which are not
otherwise defined in this announcement have the same meaning as in
the Circular. All references to time in this announcement are to
London time.
The release, publication or distribution of this announcement
into jurisdictions other than the United Kingdom may be restricted
by law and therefore any persons who are subject to the law of any
jurisdiction other than the United Kingdom should inform themselves
about, and observe, any such restrictions.
This announcement does not constitute or form part of any offer
or invitation to purchase, otherwise acquire, subscribe for, sell,
otherwise dispose of or issue, or any solicitation of any offer to
sell, otherwise dispose of, issue, purchase, otherwise acquire or
subscribe for, any security. This announcement does not constitute
an invitation to participate in the B2 Share Scheme in or from any
jurisdiction in or from which, or to or from whom, it is unlawful
to make such offer under applicable securities laws or otherwise or
where such offer would require a prospectus to be published.
Neither this announcement, nor any other document issued in
connection with the proposed return of capital to Shareholders, may
be issued or distributed to any person except under circumstances
which do not constitute an offer to the public under applicable
securities laws.
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