23rd May 2011 07:00
NEWS RELEASE23 May 2011ROLLS-ROYCE GROUP PLCSCHEME EFFECTIVE DATERolls-Royce Group plc (the "Company") announces that the orders of the Court sanctioning the scheme of arrangementunder Part 26 of the Companies Act 2006 pursuant to which Rolls-Royce Holdings plc was introduced as the new group holding company and confirming the associated reduction of capital of the Company (the "Scheme") have been deliveredto the Registrar of Companies today. The Scheme is therefore effective today, as a result of which the total issued ordinary capital of the Company is 1,872,188,709 ordinary shares of 20p each. The last day of dealings in the Company's ordinary shares was 20 May 2011. Admission of the Rolls-Royce Holdings Ordinary Shares to the premiumsegment of the Official List of the UK Listing Authority and the commencement of dealings in Rolls-Royce Holdings Ordinary Shares on the London Stock Exchange will occur today at 08.00 a.m. Unless otherwise stated, defined terms in this announcement have the same meaning as in the circular dated 22 March 2011 relating to the Scheme.
Timetable
The expected timetable of remaining key events is provided below.
Monday 23 May 2011 Scheme Effective Date 8:00 a.m. Monday 23 May 2011 Admission and listing of Rolls-Royce Holdings Ordinary Shares, crediting of Rolls-Royce Holdings Ordinary Shares to CREST accounts and commencement of dealings in Rolls-Royce Holdings Ordinary Shares on the London Stock Exchange24 May 2011 Court hearing to confirm the Rolls-Royce Holdings Reduction of Capital24 May 2011 Rolls-Royce Holdings Reduction of Capital becomes effective
Unless otherwise stated, all references to times in this document are to London time. These times and dates are indicative only.
- Ends -ENQUIRIES:Paul Davies +44 (0)1332 245878Deputy Company Secretary
mapperRelated Shares:
Rolls-Royce