Issue of Equity

RNS Number : 0701V

Morgan Crucible Co PLC

05 January 2012

 



The Morgan Crucible Company plc

5 January 2012

Issue of shares under Scrip Dividend Scheme

The Morgan Crucible Company plc (the 'Company') announces that valid elections to take up the scrip dividend for the 2011 interim dividend were received in respect of 124,438,441 ordinary shares representing 45.56 per cent of the Company's issued share capital.

The board has resolved to allot 1,662,287 ordinary shares of 25 pence each to satisfy scrip dividend elections.  Applications will be made for admission of those shares to the Official List of the UKLA and to trading on the London Stock Exchange.  It is expected that dealings will commence on 12 January 2012.  The new ordinary shares will rank pari passu with the existing ordinary shares in the Company.  Immediately following admission the number of ordinary shares in issue will be 274,802,078.

Enquiries: Jill Elliot 01753 837000

 

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