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Interim Dividend and Merging of Stock Lines

18th Sep 2009 14:52

RNS Number : 3273Z
Development Securities PLC
18 September 2009
 



Development Securities plc ("the Company")

Interim Dividend and Merging of Stock Lines

The timetable of the interim dividend, as announced in the Company's interim results for the six months ending 30 June 2009, will be as follows:

Security Description

Ordinary shares of 50p each in the Company ("Ordinary Shares")

Mnemonic Code

DSC

ISIN Code

GB0002668464

Dividend Amount per Ordinary Share

2.4p

Ex Date

30 September 2009

Record Date

2 October 2009

Payment Date

27 October 2009

The interim dividend is not payable to holders of the 41,653,260 Ordinary Shares (ISIN GB00B61GM796which were issued as part of the firm placing, placing and open offer announced on 24 June 2009. The current two lines of stock (ISIN GB0002668464 and ISIN GB00B61GM796) will be combined after close of business on 12 October 2009. Once the conversion has taken place the shares will trade under ISIN GB0002668464.

For further information, please contact:

Development Securities PLC

+44 (0)20 7828 4777

Michael Marx (Chief Executive)

The Communication Group plc

+44 (0)20 7630 1411

Richard Evans

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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