Timetable for Placing and Open Offer

RNS Number : 4785B

Benchmark Holdings PLC

30 January 2020

 

Benchmark Holdings plc

("Benchmark" or the "Company")

Timetable for Placing and Open Offer

Further to the Company's announcement made at 7.00 a.m. today relating to its proposed Placing and Open Offer, the Company confirms that the Placing and Open Offer timetable is as follows:

Expected timetable of principal events

Record Date for the Open Offer                                                         6.00 p.m. on 28 January 2020

Announcement of the proposed Placing and Open Offer                   7.00 a.m. on 30 January 2020

Posting of Circular and Application Forms                                                               30 January 2020

Existing Ordinary Shares marked "ex" by the London Stock Exchange                  31 January 2020

Open Offer Entitlements credited to stock accounts in CREST                           by 3 February 2020

of Qualifying CREST Shareholders

Recommended latest time for requesting withdrawal of                      4.30 p.m. on 7 February 2020

Open Offer Entitlements from CREST

Latest time for depositing                                                                   3.00 p.m. on 10 February 2020

Open Offer Entitlements into CREST

Latest time and date for splitting Application Forms                           3.00 p.m. on 11 February 2020

(to satisfy bona fide market claims)

Latest time and date for receipt of completed Application Forms                                11.00 a.m.

and payment in full under the Open Offer or settlement of                           on 13 February 2020

relevant CREST instruction (as appropriate)

Latest time and date for receipt of Forms of Proxy                               2:00 p.m. on 13 February 2020

Announcement of result of Open Offer                                                                      17 February 2020

General Meeting                                                                                        2:00 p.m. 17 February 2020

Dealings in the New Ordinary Shares commence                                8.00 a.m. on 19 February 2020

Expected date for crediting of New Ordinary Shares to CREST stock                      19 February 2020

accounts in uncertificated form

Despatch of share certificates in respect of New Ordinary Shares

 in certificated form by                                                                                                 28 February 2020

The Circular relating to the Placing and Open Offer will be posted to shareholders today. A copy of the Circular will also be available later today from the Company's website at: https://www.benchmarkplc.com/

Terms defined in this announcement have the same meaning as in the announcement released earlier today.

For further information, please contact:

Benchmark Holdings plc	Tel:  [phone]
Peter George, Executive Chairman
Septima Maguire, CFO
Ivonne Cantu, Investor Relations Director
Numis	Tel:  [phone]
Freddie Barnfield, Duncan Monteith (Nominated Adviser)
James Black (Corporate Broking)
MHP Communications Katie Hunt / Reg Hoare / Alistair de Kare-Silver	Tel:  [phone]

 

END

 

 

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