Listing - New Ordinary Share
Whitbread PLC
26 June 2006
Whitbread PLC: Listing of New Ordinary Shares
7.00 a.m. 26 June 2006
Whitbread PLC
Listing of New Ordinary Shares
Following Shareholder approval of the Return of Cash on 20 June 2006, it is
expected that New Ordinary Shares in Whitbread PLC will be admitted to the
Official List maintained by the London Stock Exchange and will commence trading
at 8:00 a.m. today. As soon as this occurs Whitbread will allot and issue to
each of its Existing Ordinary Shareholders one B Share for each Existing
Ordinary Share held on 23 June at 6:00 pm. Further details of the Return of
Cash are contained in the Circular to Shareholders dated 26 May 2006 (the '
Circular').
On admission, a total of 219,492,327 New Ordinary Shares of 6832/51 pence each
(excluding those held as treasury shares) and 259,229,220 B Shares of 1 penny
each will be in issue and 852,510 New Ordinary Shares will be held as treasury
shares.
As detailed in the Circular the Company issued 19 Existing Ordinary Shares to
its Company Secretary, on 23 June 2006 so that the Company's issued share
capital is exactly divisible by 20. The Company Secretary will after 6 July
2006 surrender 16 New Ordinary Shares, 19 Deferred Shares (which will be
cancelled by the Company) and the monies received as a result of receiving the
Single B Share Dividend and the sale of proceeds of his fractional entitlement
to the Company.
1,002,953 B Shares will issued to Whitbread in respect of the 1,002,953 Existing
Ordinary Shares held as treasury shares. The B Shares held as treasury shares
will be cancelled straight after they have been issued to Whitbread.
Application has also been made to the Financial Services Authority and the
London Stock Exchange for the listings of 223,344,837 New Ordinary Shares of
6832/51 pence each to trade on the London Stock Exchange and to be admitted to
the Official List upon issuance. Included in these figures are the block
listing of 1,000,000 shares that may be issued under the Whitbread Executive
Approved and Unapproved Share Option Schemes and 2,000,000 shares that may be
issued under the Whitbread Savings-Related Share Option Scheme.
Terms defined in the Circular have the same meaning when used this announcement.
For further information:
Anna Glover Tel: 01582 844439
Christopher Rogers Tel: 01582 396335
Deutsche Bank, which is regulated by the Financial Services Authority for the
conduct of designated investment business in the UK, is acting for Whitbread and
for no one else in connection with the Return of Cash and will not be
responsible for anyone other than Whitbread for providing the protections
afforded to clients of Deutsche Bank or for providing advice in relation to the
Return of Cash.
This information is provided by RNS
The company news service from the London Stock Exchange
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