6th May 2005 07:00
Rensburg plc06 May 2005 6th May 2005 RENSBURG PLC ("RENSBURG") COMPLETION OF ACQUISITION OF CARR SHEPPARDS CROSTHWAITE LIMITED AND PAYMENT OF SPECIAL DIVIDEND Rensburg is pleased to announce that following its announcement on 20 April2005, approval of the UK Financial Services Authority has now been received andthe acquisition of Carr Sheppards Crosthwaite Limited has completed. As aresult, Investec 1 Limited is now the holder of 22.7 million ordinary shares,comprising approximately 47.7 per cent. of Rensburg's enlarged issued sharecapital. Rensburg's name will very shortly be changed to Rensburg Sheppards plc. The special dividend and share capital consolidation referred to in the listingparticulars issued on 23 March 2005 will be implemented as follows: Ordinary shares will now be disabled in CREST at 4.30pm on Friday 20 May 2005.The record date for the special dividend is 6.00pm on that day and the sharecapital consolidation will be effective at 6.01pm on that day; Ordinary shares will be marked ex special dividend, and dealings in new postconsolidation ordinary shares will commence at 8.00am on Monday 23 May 2005 atwhich time CREST accounts will also be credited with the new ordinary shares. The date for payment of the 45p special dividend and dispatch of new sharecertificates will be Wednesday 1 June 2005. Enquiries: Michael Burns, Chief Executive Tel: 0151 227 2030Rensburg plc Nick Lyon Tel: 020 7796 4133gcg hudson sandler This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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