Business
Results of B/C Share Elections
Results of B/C Share Elections.
About this update from Persimmon Plc
[{"type":"text","content":"\n \nRNS Number : 1538E Persimmon PLC 07 May 2013 \n\n7 MAY 2013\nPersimmon PLC (the 'Company')\n \nRETURN OF CASH TO SHAREHOLDERS - RESULTS OF B/C SHARE ELECTIONS\n \nFollowing the approval by Shareholders at the General Meeting of the Company held on 18 April 2013 of the proposed Return of Cash of 75p per ordinary share by means of an issue of B Shares and/or C shares, the Company today provides the number of B and C share elections.\n \nResults of elections\nAs at the Election Deadline of 11.00 am on 3 May 2013, Shareholders' elections or, as the case may be, deemed elections for B and C Shares in respect of the Return of Cash were as follows:\nNumber of Ordinary Shares\nC Shares (Income Option) 201,590,249\nB Shares (Capital Option) 102,245,506\nTOTAL 303,835,755\n \nShareholders who have not made a valid election, and all Shareholders with registered addresses in Prohibited Territories, have been deemed to have elected for C Shares (the Income Option) in respect of all of their Ordinary Shares.\n \nBased on Shareholders' elections or, as the case may be, deemed elections for the Options set out above, 201,590,249 C Shares of 0.0001 pence each and 102,245,506 B Shares of 75 pence each were allotted and issued on 6 May 2013.\n \nNo application has been made, or will be made for the B Shares or the C Shares or the resulting Deferred Shares to be admitted to listing on the Official List or to trading on the London Stock Exchange's main market for listed securities, nor will the B Shares, C Shares or the Deferred Shares be listed or admitted to trading on any other recognised investment exchange.\n \nNo share certificates will be issued in respect of the B Shares or the C Shares or the Deferred Shares\n \nIt is expected that each B Share wil...