30th Jan 2020 14:46
Benchmark Holdings plc
("Benchmark" or the "Company")
Timetable for Placing and Open Offer
Further to the Company's announcement made at 7.00 a.m. today relating to its proposed Placing and Open Offer, the Company confirms that the Placing and Open Offer timetable is as follows:
Expected timetable of principal events
Record Date for the Open Offer 6.00 p.m. on 28 January 2020
Announcement of the proposed Placing and Open Offer 7.00 a.m. on 30 January 2020
Posting of Circular and Application Forms 30 January 2020
Existing Ordinary Shares marked "ex" by the London Stock Exchange 31 January 2020
Open Offer Entitlements credited to stock accounts in CREST by 3 February 2020
of Qualifying CREST Shareholders
Recommended latest time for requesting withdrawal of 4.30 p.m. on 7 February 2020
Open Offer Entitlements from CREST
Latest time for depositing 3.00 p.m. on 10 February 2020
Open Offer Entitlements into CREST
Latest time and date for splitting Application Forms 3.00 p.m. on 11 February 2020
(to satisfy bona fide market claims)
Latest time and date for receipt of completed Application Forms 11.00 a.m.
and payment in full under the Open Offer or settlement of on 13 February 2020
relevant CREST instruction (as appropriate)
Latest time and date for receipt of Forms of Proxy 2:00 p.m. on 13 February 2020
Announcement of result of Open Offer 17 February 2020
General Meeting 2:00 p.m. 17 February 2020
Dealings in the New Ordinary Shares commence 8.00 a.m. on 19 February 2020
Expected date for crediting of New Ordinary Shares to CREST stock 19 February 2020
accounts in uncertificated form
Despatch of share certificates in respect of New Ordinary Shares
in certificated form by 28 February 2020
The Circular relating to the Placing and Open Offer will be posted to shareholders today. A copy of the Circular will also be available later today from the Company's website at: https://www.benchmarkplc.com/
Terms defined in this announcement have the same meaning as in the announcement released earlier today.
For further information, please contact:
Benchmark Holdings plc | Tel: +44 (0)20 7920 3150 |
Peter George, Executive Chairman |
|
Septima Maguire, CFO |
|
Ivonne Cantu, Investor Relations Director |
|
Numis | Tel: +44 (0)20 7260 1000 |
Freddie Barnfield, Duncan Monteith (Nominated Adviser) |
|
James Black (Corporate Broking) |
|
MHP Communications Katie Hunt / Reg Hoare / Alistair de Kare-Silver | Tel: +44 (0)20 3128 8742
|
Related Shares:
Benchmark Holdings