5th May 2006 15:24
Dignity PLC05 May 2006 For Immediate Release 5th May 2006 Dignity plc ('Dignity' or 'the Company') Release of the 2005 Annual Report Dignity is pleased to announce that its 2005 Annual Report was published today.This is the second annual report following its listing on the London StockExchange in April 2004. On page 70 of the Annual Report there is the Notice for the Annual GeneralMeeting of the Company, which will take place on 8 June 2006 at the Ramada Hoteland Resort in Sutton Coldfield near Birmingham. A regulatory announcement was made to the London Stock Exchange on 3 February2006 by the Company advising that it proposes to return £80million (£1 pershare) to shareholders in August 2006 through the issue and redemption of aclass of B shares. Both that announcement and the Annual Report refer to thoseproposals and a proposed share consolidation being tabled at an ExtraordinaryGeneral Meeting originally planned for 8 June, to coincide with the AnnualGeneral Meeting. After further consideration the directors of Dignity do not consider itappropriate for there to be such a long period of time between the ExtraordinaryGeneral Meeting to approve these proposals and their actual implementation.Accordingly it has been decided to change the date of the Extraordinary GeneralMeeting to 28 July 2006. The change of date of the Extraordinary General Meetingwill not affect the proposed timing of the return of cash to shareholders. It isthe intention that shareholders on the Company's share register at close ofbusiness on 1 August 2006 will be eligible to receive B shares, which will beredeemed on 3 August 2006. The return of value is dependent upon its approval by shareholders at the EGMand the Company complying with certain requirements agreed with the SecurityTrustee of the Whole Business Securitisation at the time the Further SecuritisedNotes were issued in February 2006. It is expected that these will be satisfiedby 31 July 2006. A circular setting out the details of the issue and redemption of the B shares;the proposed share consolidation; and the time and venue of the ExtraordinaryGeneral Meeting, will be sent to all shareholders at the end of June. For further information please contact: Richard PortmanCompany SecretaryTelephone: (0121) 354 1557 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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