TIDMKYGA

RNS Number : 8616R

Kerry Group PLC

10 March 2021

10 March 2021

LEI: 635400TLVVBNXLFHWC59

KERRY GROUP PLC

Regulatory Announcement

Update on the Migration of Participating Securities

Kerry Group plc ("Kerry" or the "Company") provides the following update in relation to the migration of its Shares as part of the migration of Irish corporate securities from CREST to Euroclear Bank (the "Migration") under the Migration of Participating Securities Act 2019 (the "Migration Act").

As previously announced, at the Extraordinary General Meeting of the Company held on 28 January 2021 ("the EGM"), shareholders approved the Migration and authorised the Board to take all steps necessary to implement it.

In accordance with the terms of the Migration Act and these authorities, the Company has consented to the Migration and has made the requisite notifications to the Irish Companies Registration Office and Euronext Dublin. Accordingly, all steps required to be taken by the Company to give effect to the Migration have now been completed.

Shareholders' attention is drawn to the statement published by Euronext Dublin on 8 March 2021, which can be found at the following link: https://www.euronext.com/en/media/4354 .

This statement is to the effect that Migration under the Migration Act is scheduled to proceed in accordance with the indicative timetable which was previously communicated by Euronext Dublin to the market, most recently on 17 February 2021. In particular Euronext Dublin has advised that the Live Date on which Migration is to take effect is Monday, 15 March 2021 and further that this date will be formally confirmed by Euronext Dublin as the Live Date for Migration on the evening of Friday, 12 March 2021.

Accordingly, no changes are anticipated in relation to the timetable contained in the Company's circular to shareholders in respect of the Migration dated 22 December 2020 (the "Circular") other than as set out below: -

Timetable for Key Migration Steps (1) (2)

 
 Latest time and date for Shareholders who hold           12.00 pm on Thursday, 
  their Shares in uncertificated (i.e. dematerialised) 
  form to withdraw the relevant Shares from the CREST 
  System and hold them in certificated (i.e. paper) 
  form so as to ensure that such Shares are not subject 
  to Migration 
                                                           11 March 2021 
=======================================================  ====================== 
 Live Date (3)                                            Monday, 15 March 
                                                           2021 
=======================================================  ======================

Notes:

(1) All references to times are to times in Dublin, Ireland.

(2) If there are any inconsistencies between this announcement and the indicative timetable included in the Circular, this announcement shall prevail.

(3) If, in exceptional circumstances, the Migration does not proceed as planned and the Live Date is therefore postponed the Company will give notice of that fact by issuing an announcement.

The defined terms set out in Part 9 of the Circular have the same meaning when used in this announcement.

Shareholders should consult their own broker, custodian or other independent professional advisers if they have queries in relation to the Migration or how to hold shares in Kerry following Migration.

END

 
   CONTACT INFORMATION 
  ======================================= 
 
   Group Secretary 
   Ronan Deasy 
   +353 66 7182000 | ronan.deasy@kerry.ie 
 
   Website 
   www.kerrygroup.com

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END

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March 10, 2021 12:27 ET (17:27 GMT)

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