13 January 2010
Rugby Estates plc (the "Company")
Further re Return of Cash
Further to the Circular to shareholders dated 11 December 2009 and the passing of all the resolutions at the General Meeting of shareholders yesterday, and further to the announcement yesterday, the Company confirms that 11,424,993 ordinary shares of 15p each in the Company were admitted to trading on AIM today as a result of the share capital reorganisation and 5 for 6 share consolidation.
The Company also confirms that pursuant to the elections of shareholders in connection with the return of cash, 6,439,059 B shares and 7,270,933 C shares have been issued and allotted in order to effect the return of cash. Neither the B shares or C shares will be admitted to trading on AIM or any other regulated market, and, following the return of cash, the B shares will be cancelled and the C shares will convert into deferred shares which will be cancelled.
For further information:
Rugby Estates Plc David Tye, Executive Chairman Andrew Wilson, Chief Executive | +44 (0) 20 7016 0050 www.rugbyestates.plc.uk |
Financial Dynamics Dido Laurimore Rachel Drysdale | +44 (0) 20 7831 3113 |
Fairfax I.S. PLC Simon Bennett Jeremy Porter | +44 (0) 20 7598 5368 |
RNS news service provided by Hemscott Group Limited.