Statement re Scrip Dividend Scheme / PDMR Share...

Regulatory News

Statement re Scrip Dividend Scheme

05 January 2012

Intermediate Capital Group PLC

 

SCRIP DIVIDEND SCHEME/ PDMR SHAREHOLDING/ TOTAL VOTING RIGHTS

 

ADDITIONAL LISTING OF SCRIP DIVIDEND SHARES AND SHAREHOLDINGS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs") OR THEIR CONNECTED PERSONS

 

Intermediate Capital Group PLC (the "Company") announces that, pursuant to the Company's Scrip Dividend Scheme it has received elections from shareholders to receive a total of 320,690 Ordinary Shares in the Company in lieu of cash in respect of all or part of their interim dividend for the year ended 31 March 2012, to be paid on 6 January 2012.

 

Shareholders holding shares representing 3.25% of the issued share capital elected to take scrip instead of cash.

 

The above shares rank pari passu in all respects with the existing issued ordinary shares in the Company. Application has been made to the UK Listing Authority for the listing of, and to the London Stock Exchange for the admission of, these shares to the Official List and to trading on the London Stock Exchange's Main Market for listed securities and it is expected that dealings will commence on 6 January 2012.

 

In  addition, the Company wishes to notify  the market (as per DTR 5.6.1R) that, as  a  result  of  these  allotments,  the  issued  share capital of the Company consists  of 399,907,734 ordinary shares. Each ordinary share carries the right to one vote in relation to all circumstances at general meetings of the Company. The Company does not hold any ordinary shares in treasury.

 

The above figure may be used by shareholders as the denominator for the

calculations by which they will 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.

 

Intermediate Capital Group plc was notified on 4 January 2012 that Justin Dowley, Company Chairman, has made a valid election to receive his interim dividend in the form of shares in accordance with the Company's Scrip Dividend Scheme.  As a result, on 6 January 2012 Justin Dowley will acquire 2,881 ordinary shares in the Company at a price of 243.08 pence per share.

 

After the acquisition of the scrip dividend shares Justin Dowley's total holding will be 119,639 Ordinary Shares.

 

In compliance with the Listing Rules, the Company has submitted to the National Storage Mechanism each of the following documents previously posted to shareholders:

 

a.   Shareholder Circular in respect of Scrip Dividend; and

b.   Scrip Dividend Mandate Form.

 

Copies of the above documents are available for inspection at: www.hemscott.com/nsm.do

 

Investor enquiries:

 

Intermediate Capital Group plc

Jean-Christophe Rey

Investor Relations

Direct Line: [phone]

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Source: Intermediate Capital Group PLC via Thomson Reuters ONE

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