29th Apr 2014 08:40
SAFELAND PLC
("Safeland" or the "Company")
Re proposed demerger of Safestay plc ("Safestay")
Safeland plc ("Safeland" or the "Company") notes the announcement released today by Safestay and that Safestay has published an admission document in connection with admission to trading on AIM which is expected to become effective on 2 May 2014 ("Admission").
In addition, Safeland announces that on Admission each Safeland shareholder on the register at 6.00pm on 14 March 2014 will receive 1 new Safestay share for every 4.66 Safeland shares held.
Contacts:
Larry Lipman
Managing Director, Safeland Plc T: 020 8815 1600
Tom Griffiths, Paul Gillam
Westhouse Securities Limited T: 020 7601 6100
Related Shares:
SAF.L