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Trading Emissions plc
(the "Company")
Distribution Timetable
Further to the announcement made on 7 January 2013, the Board of Directors of the Company is pleased to announce the indicative timetable relating to the distribution of 6 pence per ordinary share (approximately £15 million) to be made to Shareholders. The distribution will be made via a B Share Scheme and will be subject to the indicative timetable set out below.
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Existing Ordinary Shares marked ex-entitlement to B Shares |
16 January 2013 |
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Record date for B shares |
18 January 2013 |
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Information circular and Form of Election sent to Shareholders |
18 January 2013 |
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B Shares issued (including crediting interim CREST entitlements) |
21 January 2013 |
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Election deadline for B Share Choices |
4 February 2013 |
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B Share Dividend Date and Purchase Date |
11 February 2013 |
Enquiries:
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IOMA Fund and Investment Management Limited (Philip Scales)
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+44 (0)1624 681 250 |
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Liberum Capital Limited (Steve Pearce / Tom Fyson) |
+44 (0)20 3100 2222
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Background to the B Share Scheme
At the Company's Annual General Meeting held on 2 December 2011, new Articles of Association were adopted which provide for the creation of new B share classes. Further details were described in a circular dated 9 November 2011 that convened the above Annual General Meeting. A copy of this circular is available for download from the Company's website: www.tradingemissionsplc.com
Capitalised terms used in this announcement are as defined in the circular described above.
This information is provided by RNS
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