21st Apr 2006 16:28
Slough Estates PLC21 April 2006 Slough Estates plc (the "Company") 21 April 2006 Result of redemption and final right of conversion of the Company's cumulativeredeemable convertible preference shares of 25p each ("Convertible PreferenceShares"). Further to the announcement on 22 March 2006 regarding the redemption and finalright of conversion of the Company's Convertible Preference Shares, the Companyannounces that of the 127,043,056 Convertible Preference Shares in issue on 22March 2006 it received valid notices to convert 123,653,928 of them into45,850,010 ordinary shares of 25p each nominal value. Notices have been receivedfrom holders of 5,203 Convertible Preference Shares for redemption of thoseshares at a redemption price of £1.0117534 per Convertible Preference Share inaccordance with the terms of the circular sent to holders of the ConvertiblePreference Shares on 22 March 2006. The Company intends to serve notice under article 3.4(h) to enforce compulsoryconversion to the holders of, 3,383,925 Convertible Preference Sharesoutstanding in respect of which no notice of conversion or redemption has beenreceived. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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