Migration of Securities to Euroclear Bank

RNS Number : 1217S

Glanbia PLC

12 March 2021

 

UPDATE REGARDING THE MIGRATION OF GLANBIA PLC's SHARES TO THE EUROCLEAR BANK'S CENTRAL SECURITIES DEPOSITORY

On 12 March 2021 Glanbia plc (the "Company") provides the following update in relation to the migration of Irish corporate securities from CREST to Euroclear Bank ("Migration") under the Migration of Participating Securities Act 2019 ("2019 Act").

Shareholders attention is drawn to the statement published by Euronext Dublin on Monday, 8 March 2021, which can be found at the following link: https://www.euronext.com/en/media/4354

In its statement Euronext Dublin has advised that the Live Date on which Migration is to take effect is 15 March 2021 and further that, s ubject to final testing, this date will be formally appointed by Euronext Dublin as the Live Date for Migration on the evening of Friday, 12 March 2021. Euronext Dublin previously announced that the effective time of the Live Date will be at 00:01 IST on 15 March 2021 and any change to this date will also be notified by Euronext Dublin via its website and by email.

Following the approval of all resolutions necessary to facilitate participation of the Company's ordinary shares in Migration at the extraordinary general meeting of the Company held on 11 February 2021, the board of directors of the Company confirm that in accordance with Resolutions 1 and 3 as approved by the shareholders at the EGM the Company has consented to the migration of its shares to the Euroclear Bank SA/NV central securities depository.

Accordingly, no change is anticipated in relation to the timetable set out in the Company's EGM Circular in respect of Migration.

Contact:

Liam Hennigan
Group Director Strategic Planning and Investor Relations
Tel: [phone]

Michael Horan
Group Secretary
Tel: [phone]

 

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