Statement re Amendment to Official List, Share ...
Intermediate Capital Group plc (the "Company")
29 July 2016
Amendment to Official List, Share Consolidation and Total Voting Rights
Further to the approval by shareholders of the special dividend and associated share consolidation at the Company's Annual General Meeting on 21 July 2016, the Company's share consolidation will become effective on Monday 1 August 2016.
The share consolidation will replace every 9 existing ordinary shares of 23 1/3 pence each with 8 new Ordinary shares of 261/4 pence each. The Company's new ordinary shares will be amended on the Official List of the UK Listing Authority and will commence trading on the London Stock Exchange at 8.00 am UK time on Monday 1 August 2016.
Prior to the share consolidation becoming effective, the Company's issued share capital was 330,430,920 Ordinary shares of 23 1/3 pence each (ISIN: GB00BYY5B507). For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the Company's issued share capital as at 8.00 am on Monday 1 August 2016 (the effective time of the share consolidation) will consist of 293,716,373 new Ordinary shares of 26 1/4 pence each (ISIN: GB00BYT1DJ19). As at the same date and time, the Company will hold 3,733,333 ordinary shares in treasury.
The decrease in the issued share capital and total voting rights results from the consolidation of shares.
The Company will at that time have 289,983,040 ordinary shares in issue if treasury shares are excluded. The figure of 289,983,040 total voting rights may therefore be used by shareholders as the denominator for the calculations by which they will determine (if they are required to notify) their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
The timetable in relation to the special dividend and the share consolidation is as follows:
| Record date for entitlement to the special dividend and the share consolidation | 5.00 pm on Friday 29 July 2016 |
| Effective time and date of the share consolidation and the date CREST accounts credited with new ordinary shares | 8.00 am on Monday 1 August 2016 |
| Admission of new ordinary shares to the Official List and commencement of dealings in new ordinary shares | 8.00 am on Monday 1 August 2016 |
| Despatch (where applicable) of certificates for new Ordinary shares | Friday 5 August 2016 |
| Payment (where applicable) of fractional entitlements by cheque or CREST payment | Friday 5 August 2016 |
| Payment of special dividend by cheque or BACS | Friday 5 August 2016 |
Contacts:
Andy Lewis
Company Secretary, ICG plc
+44 (0) 20 3201 7754
Ian Stanlake
Investor Relations, ICG plc
+44 (0) 20 3201 7880
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Intermediate Capital Group plc via Globenewswire
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