27th Oct 2008 15:46
All Leisure Group plc
Scrip Dividend Elections
All Leisure Group plc ("All Leisure" or "Company") announces that as at 3.00pm on 22 October, the final time and date for elections to receive ordinary shares of 1 penny each in the Company ("Ordinary Shares") in lieu of the interim dividend of 2.44 pence per share, valid elections had been received in respect of 23,564,952 existing Ordinary Shares, which will result in the Company issuing 338,221 new Ordinary Shares and retaining £574,984.83 in cash which would have otherwise been paid as a dividend. Following the issue, the Company will have 61,744,777 Ordinary Shares in issue.
Application has been made for the 338,221 new Ordinary Shares to be admitted to trading on AIM with effect from 3 November 2008 ("Admission").
The directors of All Leisure all elected to receive 50 per cent. of the dividend payable on their shareholdings in the form of new Ordinary Shares and as a result their interests following Admission will be:
|
Director |
Shareholding |
% |
|
Roger Allard |
36,416,015 |
59.0% |
|
Robert Bryant |
2,260,628 |
3.7% |
|
Philip Ovenden |
3,065,051 |
5.0% |
|
Ross Jobber |
55,999 |
0.1% |
|
Nigel Jenkins |
11,213 |
0.02% |
Enquiries:
All Leisure Group plc
Roger Allard / Peter Buckley 01444 462103
Blue Oar Securities Plc
William Vandyk 020 7448 4400
Citigate Dewe Rogerson
Ginny Pulbrook / Hannah Seward 020 7638 9571
Related Shares:
ALLG.L