Business
Share Consolidation and Total Voting Rights
Share Consolidation and Total Voting Rights.
About this update from Ssp Group Plc
[{"type":"text","content":"\n \nRNS Number : 6250V SSP Group PLC 15 April 2019 \n\n15 April 2019\nLEI: 213800QGNIWTXFMENJ24\n \nSSP Group plc \n(the \"Company\")\n \nShare Consolidation and Admission of New Ordinary Shares\n \nThe Share Consolidation by which every 21 Existing Ordinary Shares of 11/30 pence each will be subdivided and consolidated into 20 New Ordinary Shares of 117/200 pence each will take effect from 8.00 a.m. (London time) today (or as soon as practicable thereafter). \nShareholders will own the same proportion of the Company as they did prior to the Share Consolidation, so far as possible. Although the New Ordinary Shares will have a different nominal value, they will carry the same rights as currently attach to Existing Ordinary Shares under the Company's articles of association.\nShare certificates in respect of the Existing Ordinary Shares are no longer valid and it is expected that new share certificates in respect of the New Ordinary Shares will be dispatched on 25 April 2019 to shareholders who hold their shares in certificated form. Shareholders who held their Existing Ordinary Shares in CREST will have the New Ordinary Shares to which they are entitled automatically credited to their CREST accounts at approximately 8.00 a.m. (London time) today (or as soon as practicable thereafter).\nTrading in the New Ordinary Shares will be under ISIN GB00BGBN7C04. \nTotal Voting Rights \nAs at close of business on 12 April 2019, the Company's issued share capital consisted of 467,021,646 Existing Ordinary Shares, all of which had voting rights. The Company does not hold any shares in treasury. Following the Share Consolidation, the Company's issued share capital will consist of 444,782,520 New Ordinary Shares of 117/200 pence each, all of which will have voting rights. This figure of 444,782,520 may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, New Ordinary Shares under the FCA's Disclosure and Transparency Rules. \nComputershare Helpline \nIf a shareholder has any further questions, he/she may telephone the Shareholder Helpline on 0370 707 1042. Calls to this number are charged at the standard rate per minute plus network extras. The Shareholder Helpline...