16th May 2007 16:44
McInerney Holdings PLC16 May 2007 McInerney Holdings plc Wednesday, 16 May 2007 McInerney Holdings plc ('McInerney' or the 'Company') Stock Split Application has been made to both the Irish Stock Exchange and the UK Listing Authority for 200,777,615 Ordinary Shares of •0.025 each in the capital of the Company ('New Ordinary Shares') to be admitted to dealing on the Official List of the IrishStock Exchange and the Official List of the UK Listing Authority and application has also been made to the London StockExchange for these New Ordinary Shares to be admitted to trading on the main market for listed securities of the London StockExchange. This application is being made pursuant to a stock split which was approved by the shareholders of the Company at the AnnualGeneral Meeting of the Company on 9 May, 2007 (the 'Sub-division'). Dealings in the New Ordinary Shares are expected to commence on Monday, 21 May, 2007. Accordingly, the last day of dealing inthe existing Ordinary Shares will be Friday, 18 May, 2007. Details of the Sub-division Pursuant to the Sub-division each Ordinary Share with a current nominal value of €0.125 each will be divided into 5 NewOrdinary Shares with a nominal value of €0.025 each. The effect of the proposal is that each shareholder will own 5 New Ordinary Shares for every one existing Ordinary Shareheldon a record date of 18 May, 2007. Except for this change, the New Ordinary Shares will in all other respects be the same asthe existing Ordinary Shares. Subject to market conditions, the aggregate value of each shareholder's holding of shares shouldremain the same following the Sub-division. The underlying interests of McInerney shareholders in the profits and net assetsof the McInerney group will not be affected by the Sub-division and shareholders will have the same rights and be subject tothe same restrictions as under their existing holding of Ordinary Shares. The Sub-division will not result in any new shares being issued by the Company or becoming available in whole or in parttothe public. Certificated Holders New share certificates reflecting the New Ordinary Shares following the Sub-division will be issued to McInerney shareholdersin replacement of their existing share certificates. Uncertificated holders For holdings in uncertificated form, it is expected that the appropriate share accounts in CREST will be credited withentitlements to the New Ordinary Shares on 21 May, 2007. New ISIN Code The New Ordinary Shares have been allocated a new ISIN Code. This is IE00B1W38B04. The SEDOL code is B1W38B0. These new codeswill be effective from commencement of dealings on Monday, 21 May, 2007. MediaWeber Shandwick +353 1 676 0168Siobhan Molloy +353 86 817 5066 This announcement has been issued through the Companies Announcement Service of The Irish Stock Exchange. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Medcaw Investm.