13th Oct 2006 17:36
Henderson Group plc13 October 2006 Record Date and pricing of Return of Cash and dividend 13 October 2006 Henderson Group today lodged the Court Order for the cancellation of shares withthe UK Registrar of Companies. Shareholders on the register at 5.00pm today, theRecord Date, have had 22% of their holding cancelled in exchange for a cashpayment of 78 pence per share expected to be made on 24 October 2006. This pricewill translate to A$1.931787* and NZ$2.190708* per share. The effective date ofthe cancellation is 13 October 2006. As a result, approximately £200 million surplus cash will be returned toshareholders. Henderson Group will also be paying a dividend in respect of the six monthsended 30 June 2006 of 0.88 pence per ordinary share. This translates to 2.1795cents* (Australia) and 2.4716 cents* (New Zealand) per share. The dividend willbe paid on shares held on the Record Date before any cancellation of sharesassociated with the Return of Cash. The dividend is expected to be paid on 24October 2006. Holders of ordinary shares on the London Stock Exchange will receive payment insterling. Holders of CDIs will receive payment in A$, unless they are residentin New Zealand in which case they will receive payment in NZ$. \* The exchange rates that have been applied in translating the Return of Cashand dividend amount are as follows: £1 = A$2.47665 and £1 = NZ$2.8086. Henderson Group plc4 BroadgateLondon EC2M 2DARegistered in EnglandNo. 2072534ABN 30 106 988 836 Notes to editors: • In this announcement, the term "shareholders" refers to all holders of Henderson Group plc shares - including those whose holdings are in the form of CHESS Depositary Interests (CDIs) on the Australian Stock Exchange. • All words and expressions used in the Circular have, unless the context requires otherwise, the same meaning in this announcement. • The Circular is available today electronically from the Henderson Group website www.henderson.com. The Return of Cash transaction was approved by shareholders at an ExtraordinaryGeneral Meeting held on 31 August 2006 and approved by the UK Court on 4 October2006. The share cancellation took effect today and 254,208,108 of the total1,155,491,400 ordinary shares in issue were cancelled. The Group's authorisedshare capital has reduced from £269,159,657.90 divided into 2,691,596,579ordinary shares of 10 pence each to £243,738,847.10 divided into 2,437,388,471ordinary shares of 10 pence each, of which 901,283,292 ordinary shares are inissue. The Company now holds 2,372,399 ordinary shares of 10 pence each astreasury shares. The timetable is as follows: Record Date for dividend and Return of Cash, share cancellationtakes effect 13 October CREST accounts adjusted to reflect remaining ordinary shares 16 October Ordinary shares commence trading on the LSE on an ex-Returnof Cash basis 16 October Processing recommences for requests by CDI holders to convertCDIs into ordinary shares and by ordinary shareholders to convertordinary shares into CDIs 16 October Dividend and Return of Cash payments 24 October Recommencement of normal trading of CDIs on the ASX understock code HGI 25 October Dates and times for the Return of Cash are indicative only. If any of the datesand times should change, the revised dates and/or times will be notified toHenderson Group shareholders through the London and Australian Stock exchangesand will be available at www.henderson.com.For further information:www.henderson.com or Investor enquiries Mav WynnHenderson Group Head of Investor Relations+44 20 7818 [email protected] Media enquiries United Kingdom - FinsburyAndrew Mitchell+44 20 7251 3801 Australia - CanningsGloria Barton +61 2 9252 0622 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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