Share Reorganisation and Share Consolidation
January 07 2010 - 3:07AM
UK Regulatory
TIDMWHY
RNS Number : 1681F
White Young Green PLC
07 January 2010
7 January 2010
WYG plc ("WYG" or the "Company")
Share Reorganisation and Share Consolidation
Following the passing of all the resolutions at the Extraordinary General
Meeting held on 6 January 2010, the Share Reorganisation and Share Consolidation
have become effective.
Under the Share Reorganisation, each ordinary share of five pence has been
converted into one deferred share of four pence (the deferred shares will not be
listed) and one ordinary share of one penny. Every 10 of these ordinary shares
of one penny each have been consolidated into one Post-Consolidation Existing
Ordinary Share (of ten pence each).
Consequently, the 52,964,456 ordinary shares of five pence each in issue prior
to the Extraordinary General Meeting have been converted into 5,296,445 ordinary
shares of ten pence each.
Dealings in the Post-Consolidation Existing Ordinary Shares are expected to
commence shortly, once the requisite amendments to the Official List have been
made to reflect the changes to the nominal value and number of ordinary shares
as a result of the Share Reorganisation and Share Consolidation. A further
announcement will be made shortly to confirm the amendment to the Official List.
Unless otherwise defined, capitalised terms in this announcement have the same
meaning as in the Circular dated 9 December 2009.
For further information, please contact:
WYG plc Tel:
0113 278 7111
Paul Hamer, Chief Executive Officer
David Wilton, Group Finance Director
Financial Dynamics Tel: 020 7269
7291
Jon Simmons
End
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