Redemption of B Shares
Summary by AI BETAClose X
23 September 2026
McBride plc
Redemption of B Shares
McBride plc (the ‘Company’), the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning/hygiene markets, today announces an offer to redeem any or all of the non‑cumulative, redeemable preference shares with a nominal value of 0.1 pence each (each a ‘B Share’ and the holders of such B Shares being ‘B Shareholders’) already allotted or in issue as set out below.
The redemption period will open on Thursday, 1 October 2026 and close on Friday, 6 November 2026 (such period being the ‘Redemption Period’). During the Redemption Period, B Shareholders will have the opportunity to redeem any or all of their B Shares at a price per B Share equal to its nominal value of 0.1 pence, together with any accrued and unpaid B preferential dividends thereon, (together the ‘Redemption Price’) subject to the terms set out in the Company’s articles of association.
Certificated B Shareholders will need to complete the form on the reverse of their B Share certificate and return it to the Company's registrar, MUFG Corporate Markets, Central Square, 29 Wellington Street, Leeds, LS1 4DL. Provided the completed form is received within the Redemption Period, the B Shares will be redeemed at the Redemption Price per B Share on Friday, 27 November 2026 (the ‘Redemption Date’). CREST participants who wish to redeem will be required to send the appropriate message through the CREST system within the Redemption Period.
The Company shall redeem any B Shares in respect of which acceptances have been received during the Redemption Period from B Shareholders, on the Redemption Date. The Company will not redeem any B Shares in respect of which acceptances are received at any time after the Redemption Period. A redemption notice once lodged may not be withdrawn without the written consent of the Company.
Full details of the B Shares can be found in the Notice and Circular for General Meeting held on 24 March 2011 and in the booklet entitled ‘Your Guide to B Shares’, both of which can be accessed through the ‘Shareholder Information’ tab of the ‘Investors’ section of the Company's website at www.mcbride.co.uk.
ENDS
For further information, please contact:
McBride plc Via TEAM LEWIS
Chris Smith, Chief Executive Officer
Mark Strickland, Chief Financial Officer
TEAM LEWIS McBride@teamlewis.com
Galyna Kulachek +44 (0)20 7802 2664
Justine Warren +44 (0)20 7802 2617
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