Capital Reorganisation

RNS Number : 6435J

Falkland Islands Holdings PLC

21 December 2015

 

21 December 2015

Falkland Islands Holdings plc

 ("FIH" or the "Group")

Capital Reorganisation

Falkland Islands Holdings plc, the international services group which owns essential services businesses focused on retail, transport and logistics, announces it has today posted to shareholders a circular (the "Circular") containing notice of a general meeting to be held at 2.30 p.m. on 12 January 2016 at the offices of Bircham Dyson Bell LLP, 50 Broadway, London SW1H 0BL (the "General Meeting").

The General Meeting has been called to seek approval for a capital reorganisation involving the consolidation and then sub-division of the Company's share capital and authority for the Company to buy back certain fractional entitlements arising on the consolidation of the Company's share capital (together "the Capital Reorganisation").

The Circular provides shareholders with an explanation of the items of business and explains the action shareholders should take. The timetable associated with the Capital Reorganisation and General Meeting is shown below.

A copy of the Circular will be made available on the Company's website shortly.

EXPECTED TIMETABLE
Latest time and date for receipt of the Form of Election	1.00 p.m. on 8 January 2016
General Meeting	2.30 p.m. 12 January 2016
Record Time in relation to the Consolidation and Sub-division	6.00 p.m. 12 January 2016
Admission of New Ordinary Shares to trading on the London Stock Exchange AIM market	8.00 a.m. on 13 January 2016
CREST accounts credited in respect of New Ordinary Shares	13 January 2016
Cheques dispatched following purchases of Fractional Entitlements	26 January 2016
Definitive share certificates dispatched in respect of New Ordinary Shares	26 January 2016

Ends

Enquiries:

Falkland Islands Holdings plc Edmund Rowland, Chairman                           John Foster, Managing Director	Tel: [phone] Tel: [phone]
WH Ireland Ltd. - NOMAD and Broker Adrian Hadden / Mark Leonard	Tel: [phone]
FTI Consulting Edward Westropp / Eleanor Purdon	Tel: [phone]

 

END

 

 

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