Migration of Shares from CREST to Euroclear Bank

RNS Number : 7145R

Grafton Group PLC

10 March 2021

 

GRAFTON GROUP PLC

(THE "COMPANY")

UPDATE REGARDING THE MIGRATION OF GRAFTON GROUP PLC'S SHARES FROM CREST TO THE EUROCLEAR BANK SYSTEM

Further to its announcement on 1 March 2021, Grafton Group 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 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 appointed Live Date on which the Migration is to take effect is Monday, 15 March 2021. This is subject to final systems testing by market participants that is expected to take place on the afternoon of Friday, 12 March 2021.  It is then expected that Euronext Dublin will confirm on the evening of Friday, 12 March 2021 that the appointed Live Date for the Migration is Monday, 15 March 2021.

Accordingly, no change is currently anticipated in relation to the timetable set out in the circular issued to shareholders on 23 December 2020 in respect of Migration (the "Circular").

The defined terms set out in Part 9 of the Circular have the same meaning when used in this announcement.

Shareholders should consult their own broker, custodian or other independent professional advisers if they have queries in relation to the Migration.

For further information please contact:

Grafton Group plc   [phone]

Gavin Slark   Chief Executive Officer

David Arnold   Chief Financial Officer

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