Additional Listing following offer for Cavanagh

RNS Number : 0256L

Close Brothers Group PLC

25 July 2011

 



Close Brothers Group plc

Additional Listing following offer for Cavanagh

Close Brothers Group plc ('CBG') announces that application has been made to the Financial Services Authority and to the London Stock Exchange for 18,706 ordinary shares of 25p each (the 'Shares') to be admitted to the Official List and to trading on the London Stock Exchange.  As a result of this, CBG's issued share capital will consist of 146,001,914 ordinary shares of 25p each admitted to trading, each of which with one vote.  This figure excludes 4,509,357 ordinary shares which have been bought back and held in treasury by CBG.

It is expected that admission to the Official List will be granted on 27 July 2011 and that trading will also commence on 27 July 2011.

The Shares are to be issued pursuant to arrangements made with the management of Cavanagh Group plc ('Cavanagh') which were described in the announcement made on 4 April 2011 relating to the recommended cash offer for Cavanagh (the 'Management Arrangements').  This is the second and final such share issue in connection with these arrangements.  In all 836,898 CBG shares will have been issued pursuant to the arrangements made with the Cavanagh management.

When issued, the Shares will rank pari passu with the existing shares.

JE Hudspith

Assistant Company Secretary

020 7655 3100

 

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