26th Jun 2006 07:01
Whitbread PLC26 June 2006 Whitbread PLC: Listing of New Ordinary Shares 7.00 a.m. 26 June 2006 Whitbread PLC Listing of New Ordinary Shares Following Shareholder approval of the Return of Cash on 20 June 2006, it isexpected that New Ordinary Shares in Whitbread PLC will be admitted to theOfficial List maintained by the London Stock Exchange and will commence tradingat 8:00 a.m. today. As soon as this occurs Whitbread will allot and issue toeach of its Existing Ordinary Shareholders one B Share for each ExistingOrdinary Share held on 23 June at 6:00 pm. Further details of the Return ofCash are contained in the Circular to Shareholders dated 26 May 2006 (the "Circular"). On admission, a total of 219,492,327 New Ordinary Shares of 6832/51 pence each(excluding those held as treasury shares) and 259,229,220 B Shares of 1 pennyeach will be in issue and 852,510 New Ordinary Shares will be held as treasuryshares. As detailed in the Circular the Company issued 19 Existing Ordinary Shares toits Company Secretary, on 23 June 2006 so that the Company's issued sharecapital is exactly divisible by 20. The Company Secretary will after 6 July2006 surrender 16 New Ordinary Shares, 19 Deferred Shares (which will becancelled by the Company) and the monies received as a result of receiving theSingle B Share Dividend and the sale of proceeds of his fractional entitlementto the Company. 1,002,953 B Shares will issued to Whitbread in respect of the 1,002,953 ExistingOrdinary Shares held as treasury shares. The B Shares held as treasury shareswill be cancelled straight after they have been issued to Whitbread. Application has also been made to the Financial Services Authority and theLondon Stock Exchange for the listings of 223,344,837 New Ordinary Shares of6832/51 pence each to trade on the London Stock Exchange and to be admitted tothe Official List upon issuance. Included in these figures are the blocklisting of 1,000,000 shares that may be issued under the Whitbread ExecutiveApproved and Unapproved Share Option Schemes and 2,000,000 shares that may beissued under the Whitbread Savings-Related Share Option Scheme. Terms defined in the Circular have the same meaning when used this announcement. For further information: Anna Glover Tel: 01582 844439 Christopher Rogers Tel: 01582 396335 Deutsche Bank, which is regulated by the Financial Services Authority for theconduct of designated investment business in the UK, is acting for Whitbread andfor no one else in connection with the Return of Cash and will not beresponsible for anyone other than Whitbread for providing the protectionsafforded to clients of Deutsche Bank or for providing advice in relation to theReturn of Cash. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Whitbread