16th Jul 2007 09:21
Provident Financial PLC16 July 2007 Provident Financial plc Demerger of the international home credit business of Provident Financial plc and the consolidation of Provident Financial ordinary shares effective Further to the admission earlier today of the IPF Shares and the Consolidated PFShares to listing on the Official List and to trading on the London StockExchange's market for listed securities, Provident Financial plc is pleased toannounce that the Demerger of its International Home Credit business and theconsolidation of PF Shares of 10 4/11 pence each into Consolidated PF Shares of20 8/11 pence each have become effective. CREST accounts were credited with IPF Shares and Consolidated PF Shares at 8.00a.m. (BST) today. Shareholders will be sent share certificates in respect of their holdings of IPFShares and Consolidated PF Shares on 27 July 2007. Definitions used in the Circular to PF Shareholders dated 25 June 2007 shallhave the same meanings when used in this announcement except where the contextotherwise requires. Enquiries:Emma G VersluysDeputy Company SecretaryTel: 01274 731111 ext 2569 This announcement does not contain or constitute or form part of, and should notbe construed as, any offer or invitation to sell or issue, or any solicitationof any offer to purchase, any PF Shares, Consolidated PF Shares or IPF Shares orany other securities, nor shall it or any part of it nor the fact of itsdistribution form the basis of, or be relied on in connection with, any contractor investment decision in relation thereto. This announcement does notconstitute a recommendation regarding the securities of Provident Financial orIPF. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
PFG.L