Business
Explanatory Circular
Explanatory Circular.
About this update from Coats Group Plc
[{"type":"text","content":"\n Guinness Peat Group PLC\n26 March 2008\n\n EXPLANATORY CIRCULAR\n\n\nGuinness Peat Group plc (\"the Company\") has today released to the Document\nViewing Facility (\"DVF\") a copy of a circular dated 25 March 2008 (\"the Circular\n\"). The Circular will be posted to shareholders on or by 11 April 2008 together\nwith the Company's Report & Accounts for the year ended 31 December 2007 (\"\nAnnual Report\") which contains a copy of the Notice of the Company's Annual\nGeneral Meeting to be held on 13 May 2008 (\"AGM\"). A copy of the Annual Report\nwas released to the DVF on 25 March 2008. Copies of both these documents may\nalso be accessed on the Company's website at www.gpgplc.com.\n\n\n\nThe Circular deals with resolutions to be put to the AGM as well as providing\nfurther and better particulars relating to the payment of the interim cash\ndividend (\"the Cash Dividend\") already declared, the Scrip Dividend Alternative\nin lieu of the Cash Dividend, and the proposed 2008 Capitalisation Issue.\n\n\n\nIt should be noted that the Currency Option referred to in the Company's\nPreliminary Report issued on 28 February 2008 (under which shareholders have in\nthe past been able to elect for payment of their entire Cash Dividend in either\npounds Sterling, Australian or New Zealand dollars) has been withdrawn. This\nresults from a significant increase in the complexity of administering such\nelection arising from the provisions of the UK Companies Act 2006, and\nconsequent increased expense, compared with the historic negligible take-up of\nthis option.\n\n\n\nQueries should be referred to the Company's Registrars as follows:\n\n\n\nUK: Computershare - Tel: 0870 707 1022\n\nAustralia: Registries Limited - Tel: 0061 2 9290 9600\n\nNew Zealand: Computershare - Tel: 0064 9 488 8777\n\n\n\nor to the Company Secretary, Richard Russell whose telephone number in London is\n(0044)20 7484 3370.\n\n\n\n\n\nJ R Russell\nCompany Secretary\nGuinness Peat Group plc\n+44 207 484 3370\n\n\n\n26 March 2008\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n ","length":2148,"tagName":"div"}]