Press Releases
14 May 2009
Share Consolidation
At the Company’s Annual General Meeting held today, 14 May 2009, Cookson’s shareholders approved a share consolidation.
The share consolidation is due to take effect after the close of business today, when shareholders will exchange each holding of 10 existing ordinary shares of 10p each for 1 new ordinary share of £1 each. Accordingly, applications have been made by the Company to the UK Listing Authority (“UKLA”) and to the London Stock Exchange, whereby 276,390,091 ordinary shares of £1 each will commence trading on 15 May 2009.
It is intended that the fractional entitlements of Shareholders with shareholdings not exactly divisible by 10 will be aggregated and sold in the market on 15 May 2009 on behalf of the relevant shareholders. Cheques in respect of the proceeds of these entitlements are expected to be despatched by 29 May 2009.
Share certificates in respect of the New Ordinary Shares are also expected to be sent to shareholders by 29 May 2009.
Further details about the consolidation can be found in the Notice of Meeting for the 2009 AGM of Cookson Group plc, which is available on the website.
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