Single D Share Dividend

Fuller, Smith & Turner PLC (FSTA)
Fuller, Smith & Turner PLC: Single D Share Dividend

07-Oct-2019 / 13:02 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


7 October 2019

Fuller, Smith and Turner P.L.C. ("Fuller's")

Single D Share Dividend

Following the completion of the Purchase Offer, Fuller's announces that it has paid the Single D Share Dividend to all holders of D Shares, and that the D Share Dividend has been waived by the Fuller, Smith & Turner P.L.C. Employee Share Trust 1998 (the "EST"). In accordance with Fuller's Articles of Association, following the payment of the Single D Share Dividend all of the D Shares have been automatically reclassified as Deferred Shares. The Deferred Shares will not be listed and carry extremely limited rights.

As contemplated in the circular to shareholders dated 6 September 2019 (the "Circular"), it is expected that Numis Securities Limited ("Numis") will today, 7 October 2019, acquire all of the Deferred Shares held by the EST (being 288,252 Deferred Shares). It is then expected that all of the Deferred Shares (being 552,318,406 Deferred Shares) will be repurchased by Fuller's from Numis tomorrow, 8 October 2019, in accordance with the terms of the Option Agreement as described in the Circular. Upon their repurchase by Fuller's, all of the Deferred Shares will be cancelled by Fuller's.

Unless otherwise defined, capitalised terms used in this announcement have the same meaning as those defined in the Circular, which can be viewed on Fuller's website at www.fullers.co.uk/corporate/investors.

Enquiries:

Fuller, Smith & Turner P.L.C.

Séverine Béquin, Company Secretary - 020 8996 2073

Numis Securities Limited

Christopher Wilkinson / Jonathan Abbott - 020 7260 1211

Computershare Shareholder Helpline

Tel: 0370 889 4096 (or +44 (0) 370 889 4096 if calling from outside the United Kingdom)

Calls outside the United Kingdom will be charged at the applicable international rate.  The helpline is open between 8.30 a.m. and 5.30 p.m., Monday to Friday excluding public holidays in England and Wales.  Please note that calls may be monitored or recorded and the helpline cannot provide financial, legal or tax advice or advice on the merits of the Resolutions or the D Share Scheme.

 Important Notices

This announcement has been issued by and is the sole responsibility of the Company. The information contained in this announcement is for background purposes only and does not purport to be full or complete. The information in this announcement is subject to change.

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 D 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, may be issued or distributed to any person except under circumstances which do not constitute an offer to the public under applicable securities laws.

Numis, which is authorised and regulated by the FCA in the United Kingdom, is acting exclusively for the Company and for no one else in connection with the matters referred to in this announcement and is not advising, or acting for, any other person and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the matters referred to in this announcement. Neither Numis, nor any of its affiliates, owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, tort, under statute or otherwise) to any person who is not a client of Numis in connection with this announcement, any statement contained herein or otherwise.

This announcement has been prepared in accordance with English law, the EU Market Abuse Regulation and the Disclosure Guidance and Transparency Rules of the UKLA and information disclosed may not be the same as that which would have been prepared in accordance with the laws of jurisdictions outside England.

The release, publication or distribution of this announcement in, into or from jurisdictions outside the United Kingdom may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.

If you are in any doubt about the contents of this announcement or the action you should take, you are recommended to seek your own financial or tax advice immediately from your stockbroker, bank manager, fund manager, solicitor, accountant, tax advisor or other appropriate independent financial adviser duly authorised under the Financial Services and Markets Act 2000 if you are resident in the United Kingdom or, if not, from any appropriately authorised independent financial adviser.

 

 



ISIN: GB00B1YPC344
Category Code: FUR - the announcement of the D Share Scheme on 4 September
TIDM: FSTA
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 22610
EQS News ID: 886271

 
End of Announcement EQS News Service

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