Carphone Warehouse Demerger E

RNS Number : 3200J

Carphone Warehouse Group PLC

29 March 2010

 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A BREACH OF THE RELEVANT SECURITIES LAWS OR REGULATIONS OF SUCH JURISDICTION

29 March 2010

Carphone Warehouse Group plc

Demerger effective and trading expected to commence in shares of Carphone Warehouse Group plc

All of the conditions to the separation of the TalkTalk Business by a demerger to TalkTalk Telecom Group PLC and the creation of two separately listed companies, Carphone Warehouse Group plc and TalkTalk Telecom Group PLC, have been satisfied and the Demerger became effective on 26 March 2010.

Trading in Carphone Warehouse Group plc ordinary shares under the ticker "CPW" is expected to commence on the London Stock Exchange at 8.00 am today.

CREST accounts will be credited with Carphone Warehouse Group plc ordinary shares at 8.00 am today. Shareholders will be sent share certificates in respect of their certificated holdings in Carphone Warehouse Group plc on 12 April 2010.

Capitalised terms used in this announcement have the meanings given to them in the scheme document of The Carphone Warehouse Group PLC dated 29 January 2010.

For further information:                                                  

Carphone Warehouse Group plc

Kate Ferry                                                                                 [phone]

Shane Conway (for media enquiries)                                            [phone]

Anthony Carlisle                                                                        [phone]

Citigate Dewe Rogerson                                                             [phone]

 

END

 

 

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