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Trading Emissions PLC  -  TRE   

Distribution Timetable

Released 07:00 10-Jan-2013

RNS Number : 2048V
Trading Emissions PLC
10 January 2013




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.


Existing Ordinary Shares marked ex-entitlement to B Shares

16 January 2013



Record date for B shares

18 January 2013



Information circular and Form of Election sent to Shareholders

18 January 2013



B Shares issued (including crediting interim CREST entitlements)

21 January 2013



Election deadline for B Share Choices

4 February 2013



B Share Dividend Date and Purchase Date

11 February 2013





IOMA Fund and Investment Management Limited (Philip Scales)


+44 (0)1624 681 250

Liberum Capital Limited

(Steve Pearce / Tom Fyson)

+44 (0)20 3100 2222




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:


Capitalised terms used in this announcement are as defined in the circular described above.





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Distribution Timetable - RNS