Suspension of 2014 ZDPs 30 October 2014

RNS Number : 9001S

Utilico Investments Limited

30 September 2014

 



For release on 30 September 2014

Utilico Finance Limited

Suspension of 2014 ZDP Shares

Utilico Finance Limited (the "Company") announces that in advance of the redemption of the Company's 2014 zero dividend preference shares ("2014 ZDP Shares") on 31 October 2014 (the "Redemption Date"), the listing of the 2014 ZDP Shares will be suspended with effect from 7.30 a.m. on 30 October 2014.

Redemption proceeds will be paid to shareholders of the 2014 ZDP Shares whose name appear on the share register as at 4.30 p.m. on Wednesday 29 October 2014 (the "Record Date") and settlement of the redemption monies will occur on the Redemption Date. 

For 2014 ZDP Shares held in uncertificated form, CREST accounts will be credited with the redemption monies on the Redemption Date. For 2014 ZDP Shares held in certificated form, cheques in respect of the redemption monies will be issued by first class post on the Redemption Date.

The Company also announces that application has been made to the UK Listing Authority and the London Stock Exchange ("LSE") for the 2014 ZDP Shares to be cancelled from the Official List and to trading on the LSE with effect from 8.00 a.m. on 3 November 2014.

For further information please contact:

Amanda Marsh                 For and on behalf of ICM Limited, Secretary	Tel: [phone]
Westhouse Securities Limited Financial Adviser and Broker Alastair Moreton / Darren Vickers	Tel: [phone]

 

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