16th Jun 2005 11:51
Bristol Water PLC16 June 2005 16 June 2005 Not for release, publication or distribution in or into the United States,Canada, Australia or Japan. Bristol Water plc Recommended proposals by Bristol Water Group for a return of 148 pence per Ordinary Share and a 10 for 13 Consolidation of Bristol Water Group plc's Ordinary Shares Results of Extraordinary General Meeting of Bristol Water Group plc Bristol Water plc notes the announcement made today by Bristol Water Group plc,the text of which is set out below. "Bristol Water Group plc Proposed Return of 148 pence per Ordinary Share and 10 for 13 Consolidation Results of Extraordinary General Meeting The Board of Bristol Water Group plc is pleased to announce that at theExtraordinary General Meeting ("EGM") of Bristol Water Group plc held earliertoday, the special resolution to approve the implementation of the proposedreturn of 148 pence per Ordinary Share and 10 for 13 Share Consolidation wasduly passed. The return remains conditional upon Court approval. Set out below is the remaining expected timetable of principal events: Last date for dealings in Ordinary Shares 5 JulyNew B Share Issue Record Time 5.00 p.m. on 5 JulyConsolidation Record Time 6.00 p.m. on 5 JulyDealings commence in Consolidated Ordinary Shares 8.00 a.m. on 6 JulyCREST accounts credited with Consolidated Ordinary Shares 6 JulyCourt Hearing of the petition to confirm the Return 6 JulyReturn becomes effective 7 JulyDespatch of cheques in respect of the Return By 15 JulyDespatch of share certificates in respect of ConsolidatedOrdinary Shares By 15 July Terms and expressions used in this announcement have the same meanings as in theCircular posted to Shareholders on 20 May 2005." Enquiries Bristol Water plc Tel: 0117 953 6407Alan Parsons, ChairmanAndy Nield, Finance Director Dresdner Kleinwort Wasserstein Tel: 020 7623 8000Christian Littlewood, Director Dresdner Kleinwort Wasserstein Limited, which is authorised and regulated by theFinancial Services Authority, is acting for Bristol Water Group plc and no oneelse in connection with the Proposals in the Circular and is not acting for anyperson other than Bristol Water Group plc and will not be responsible to anyperson other than Bristol Water Group plc for providing the protections affordedto its customers or for providing advice in connection with the Proposals in theCircular and the other matters described herein. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Bristol Wtr.8t%