5th Dec 2005 17:19
Melrose PLC05 December 2005 5 December 2005 MELROSE PLC (the "Company") Admission of the Company's ordinary shares to the Official List and to trading on the London Stock Exchange's market for listed securities Official List The Company has today published its prospectus in connection with the proposedlisting of its ordinary shares on the Official List of the UK Listing Authorityand admission to trading on the London Stock Exchange's market for listedsecurities ("Admission"). It is expected that Admission will become effectiveand that dealings on the London Stock Exchange's main market will commence at8.00 a.m. on Friday 9 December 2005. The Company's ordinary shares will besimultaneously cancelled on AIM. Melrose is the holding company for the Dynacast group and the McKechnie group,which together represent a diversified portfolio of manufacturing businessessupplying, amongst others, the global aerospace, automotive, telecommunications,industrial and consumer markets. As previously announced, it has been the Company's intention to seek a listingon the Official List following completion of the acquisitions of the Dynacastgroup and the McKechnie group on 26 May 2005. The listing will not raise newmoney for the Company and does not affect the holdings of existing shareholdersof the Company. The Company's RIC code will continue to be MRO and, onAdmission, there will remain 257,119,989 ordinary shares in issue. Current trading and prospects As stated in the Company's interim results announcement on 27 September 2005,with the outstanding exception of the Aerospace companies, trading has beensomewhat slow in Europe, particularly for Dynacast, and to a lesser extent inthe USA. The Far East, however, continues to perform well. Some restructuringhas been put into place and it is likely that more will follow. The directorsremain confident of a satisfactory outcome for the year. The Company intends to provide a trading update in January. The prospectus is available for inspection on the Company's website atwww.melroseplc.biz. The prospectus has also been submitted to the UKLA and willshortly be available for inspection at the UKLA's Document Viewing Facility,which is situated at: Financial Services Authority25 The North ColonnadeCanary WharfLondonE14 5HS. Enquiries:M: CommunicationsJanakie Mallawa-Arachi 020 7153 1539 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Melrose