5th Aug 2005 17:13
Insight Foundation Property Tst Ltd05 August 2005 Insight Foundation Property Trust Ltd 5 August 2005 C Share conversion timetable The Board of Insight Foundation Property Trust Limited has announced on 4 August2005 the Company's acquisition of an interest in Mid City Place, High Holborn,London WC1. Following the completion of the acquisition of Minerva House on 15 July 2005 andthe completion of the acquisition detailed above, the conversion of the C Sharesinto ordinary shares is triggered. It is expected that this conversion willoccur on the basis of the following timetable. Expected timetable for C Share conversion Calculation Time 5 August 2005Announcement of conversion ratio 11 August 2005Dealings in new ordinary shares commence 15 August 2005Crediting of CREST accounts with new ordinary shares 15 August 2005Share certificates in respect of new ordinary shares week commencingdespatched 22 August 2005 Enquiries: Duncan Owen (Insight Investment Management)Tel: 020 7321 1676 Richard Cotton / Angus Gordon Lennox (JPMorgan Cazenove)Tel: 020 7588 2828 Stephanie Highett / Dido Laurimore (Financial Dynamics) Tel: 020 7831 3113 END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Schroder Real