Demerger Unconditional
07 5월 2010 - 8:10PM
UK Regulatory
TIDMLII
RNS Number : 5372L
Liberty International PLC
07 May 2010
LIBERTY INTERNATIONAL PLC
7 May 2010
DEMERGER UNCONDITIONAL
Liberty International (the "Company") is pleased to announce that all the
conditions relating to the Demerger have been satisfied and that the Liberty
International Reduction of Capital has become effective today. Accordingly, Ian
Hawksworth and Graeme Gordon have resigned as Directors of the Company, and
Richard Gordon has been appointed as a non-Executive Director of the Company,
with effect from today. Liberty International's name is also being changed to
Capital Shopping Centres Group PLC later today.
Liberty International Ordinary Shares will begin trading under the new name
Capital Shopping Centres on 10 May 2010 under LSE code CSCG and under JSE code
CSO.
The Capital & Counties Ordinary Shares will begin trading on the LSE on a "when
issued" basis at 8.00 a.m. on Monday 10 May 2010 under LSE code CAPC. Dealings
in the Capital & Counties Ordinary Shares on the LSE on Monday 10 May 2010 and
Tuesday 11 May 2010 will settle on Monday 17 May 2010. The Capital & Counties
Ordinary Shares will begin trading on the JSE at 8.00 a.m. on Monday 10 May 2010
under JSE code CCO.
CREST accounts will be credited with Capital & Counties Ordinary Shares at 8.00
a.m. on Monday 17 May 2010. CSDP and broker accounts will be credited at 9.00
a.m. (South African time) on Monday 17 May 2010. Shareholders will be sent share
certificates in respect of their certificated holdings in Capital & Counties by
Monday 24 May 2010.
Capitalised terms used in this announcement shall have the same meanings as in
the circular to shareholders dated 12 March 2010.
Enquiries
Susan Folger, Company Secretary
Telephone +44 207 887 7073
This announcement is not a prospectus but an advertisement and investors should
not acquire any new ordinary shares in Capital & Counties referred to in this
announcement except on the basis of the information contained in the prospectus
published by Capital & Counties on 12 March 2010 and any supplement or amendment
thereto.
This announcement is for information purposes only and does not constitute an
offer to sell or the solicitation of an offer to buy any securities or
investment advice in any jurisdiction.
The securities to which this announcement relate have not been and are not
required to be registered under the US Securities Act. These securities have not
been approved or disapproved by the US Securities and Exchange Commission, any
state securities commission in the United States or any US regulatory authority,
nor have any of the foregoing authorities passed upon or endorsed the merits of
the offering of these securities or the accuracy or adequacy of this document.
Any representation to the contrary is a criminal offence in the United States
This information is provided by RNS
The company news service from the London Stock Exchange
END
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