Share Consolidation and Total

RNS Number : 0159M

Inchcape PLC

17 May 2010

 



Inchcape plc (the "Company")
17 May 2010

Share Consolidation and Total Voting Rights

The Company is pleased to announce that, following the passing of all resolutions at the Annual General Meeting held on Thursday, 13 May 2010, the proposed one-for-ten share consolidation has today become effective.

As a result, 463,089,493 consolidated ordinary shares of ten pence each in the Company were admitted to trading on the main market of the London Stock Exchange at 8.00 a.m. today.  The Company's issued ordinary share capital as at 17 May 2010 therefore comprises 460,401,933 shares with voting rights.  The Company also holds 2,687,560 shares in treasury. 

The above figure (of 460,401,933 ordinary shares)  should be used by shareholders as the denominator for calculations to determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules. 

Ends

Group Communications, Inchcape plc

[phone]

Investor Relations, Inchcape plc

[phone]

Financial Dynamics (Jonathon Brill/Billy Clegg)

[phone]

www.inchcape.com

Notes to editors

About Inchcape:

Inchcape is a leading, independent international automotive distributor and retailer operating in 26 markets and   has diversified multi-channel revenue streams including sale of new and used vehicles, parts, service, and finance and insurance.  

Inchcape's vision is to be the world's most customer-centric retailer and represents some of the world's leading automotive brands, including Toyota, Lexus, Subaru, BMW, Mazda, Mercedes-Benz, Volkswagen, Audi, Honda, Land Rover and Jaguar.

Inchcape, which has been listed on the London Stock Exchange since 1958, is headquartered in London, employs around 15,000 people and has scale operations in the UK, Singapore, Australia, Hong Kong, Greece, Belgium and Russia.

 

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