Business
Publication of Prospectus and Dividend Timetable
Publication of Prospectus and Dividend Timetable.
About this update from Pollen Street Group Limited
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION\nTHIS IS AN ANNOUNCEMENT, IS FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS OR EQUIVALENT DOCUMENT. THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM PART OF, AND SHOULD NOT BE CONSTRUED AS, ANY OFFER, INVITATION OR RECOMMENDATION TO PURCHASE, SELL OR SUBSCRIBE FOR ANY SECURITIES IN ANY JURISDICTION AND NEITHER THE ISSUE OF THE INFORMATION NOR ANYTHING CONTAINED HEREIN SHALL FORM THE BASIS OF OR BE RELIED UPON IN CONNECTION WITH, OR ACT AS AN INDUCEMENT TO ENTER INTO, ANY INVESTMENT ACTIVITY\nFOR IMMEDIATE RELEASE\n27 November 2023\nPOLLEN STREET PLC\nProposed introduction of Pollen Street Group Limited (\"New Pollen Street\") as a new holding company of Pollen Street plc (\"Current Pollen Street\") by means of a Scheme of Arrangement under Part 26 of the Companies Act 2006 (the \"Scheme\") and New Pollen Street's admission to the premium listing segment of the Official List and to trading on the main market of the London Stock Exchange\nPublication of Prospectus\nAnd\nDividend timetable\nThe Pollen Street group has today published a prospectus relating to the application for admission of the New Pollen Street Ordinary Shares (as defined below) to the premium listing segment for commercial companies of the Official List and to trading on the main market for listed securities of the London Stock Exchange (\"Admission\") (the \"Prospectus\").\nThe Prospectus has been published in connection with the Scheme, which is between Current Pollen Street and its shareholders and involves the cancellation of shares in Current Pollen Street currently held by its shareholders and admitted to the premium listing segment for closed-ended investment funds of the Official List (the \"Old Ordinary Shares\") in exchange for the same number of shares in New Pollen Street (the \"New Pollen Street Ordinary Shares\") for which application will be made to be admitted to the premium listing segment for commercial companies of the Official List. A circular in relation to the Scheme was published by Current Pollen Street on 18 September 2023. The Scheme and Admission are being undertaken on the grounds that t...