Business
Scrip Dividend
Scrip Dividend.
About this update from Celtic Plc
[{"type":"text","content":"\n Celtic PLC\n31 August 2007\n\n \n CELTIC PLC\n\n SCRIP DIVIDEND REINVESTMENT SCHEME\n\n 31 August 2007\n\nCeltic plc confirms that 129,038 new Ordinary Shares of 1p each will be issued\non 31 August 2007 in respect of mandates received from holders of Convertible\nCumulative Preference Shares ('CCP Shares') and Convertible Preferred Ordinary\nShares ('CPO Shares') participating in the Company's scrip dividend reinvestment\nscheme.\n\nThe average mid market prices used under the scheme rules for calculating\nentitlements under the scheme for CCP Shares and CPO Shares were 60.475p and\n58.45p respectively, at the relevant record dates.\n\nApplication has been made for the new Ordinary Shares to be issued under the\nscheme to be admitted to listing on AIM on 3 September 2007. The new Ordinary\nShares will rank pari passu in all respects with existing Ordinary Shares.\n\nThe holdings of two of the Company's directors, Brian Quinn and Eric Riley, will\nincrease as a result of their participation in the scheme. Mr Quinn's holding of\nOrdinary Shares will increase by 2,981 shares to 113,176 shares (0.14%). Mr\nRiley's holding of Ordinary Shares will increase by 1,294 shares to 75,841\nshares. (0.09%)\n\nContacts:\n\nEric Riley (Financial Director) 0141 551 4298\nTom O'Neill (Financial Controller) 0141 551 4207\n\nJohn Depasquale - Seymour Pierce Limited 020 7107 8000\n\n\n\nEnd\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1803,"tagName":"div"}]