18th Dec 2006 15:46
Whitbread PLC18 December 2006 Whitbread PLC 18 December 2006 Result of Extraordinary General Meeting At an extraordinary general meeting held earlier today, a special resolution toapprove the return of £350 million to shareholders by means of a bonus issue ofC Shares was duly passed. Also, a separate special resolution approving andauthorising the Company to enter into a contract with the holders of all thedeferred shares that were created by the return of cash by means of a bonusissue of B Shares carried out in June 2006 was duly passed to purchase suchshares for 1 penny. Copies of the resolutions have been submitted to the UK Listing Authority andwill be available for inspection at the Financial Services Authority's DocumentViewing Facility, which is situated at: The Financial Services Authority25 The North ColonnadeCanary WharfLondonE14 5HS For further information: Anna Glover - Corporate Communications Director - Tel: 01582 844439 Christopher Rogers - Group Finance Director - Tel: 01582 889417 Whitbread PLC is one of the UK's leading hospitality companies, managingbusinesses in the budget hotels, restaurant and health & fitness sectors,including Premier Travel Inn, Brewers Fayre, Beefeater, Costa and David LloydLeisure. Whitbread's strategy is to create value for our shareholders by focusinginvestment and growing in expanding sectors of the hospitality industry,primarily in the UK but also in selected overseas markets. In the financial year to March 2, 2006, Whitbread generated pre-tax,pre-exceptional profit of £181.1m. Founded in 1742, the company is listed onthe London Stock Exchange (as WTB.L) and is a member of the FTSE4Good indices. Deutsche Bank AG is authorised under German Banking Law (competent authority:BaFin - Federal Financial Supervising Authority) and with respect to UKcommodity derivatives business by the Financial Services Authority; regulated bythe Financial Services Authority for the conduct of UK business. Deutsche Bankis acting for Whitbread and no-one else in connection with the return of cashand will not be responsible for anyone other than Whitbread for providing theprotections afforded to clients of Deutsche Bank or for providing advice inrelation to the return of cash. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Whitbread