CHARTER plc Result of EGM
08/03/2004
Charter plc (“Charter” or the “Company”)
Result of EGM
NOT FOR DISTRIBUTION OR TRANSMISSION, DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF IRELAND OR THE REPUBLIC OF SOUTH AFRICA.
Following an Extraordinary General Meeting of the Company held at 10.30 a.m. on Monday 8 March 2004 the resolution proposed at the meeting in respect of the Rights Issue was approved.
Accordingly, Provisional Allotment Letters in respect of entitlements to new Ordinary Shares pursuant to the Rights Issue are to be posted today to Qualifying non-CREST Shareholders (other than certain Non-UK Shareholders). It is expected that Nil Paid Rights will be credited to the stock accounts of Qualifying CREST Shareholders (other than certain Non-UK Shareholders) with effect from 8.00 a.m. on Tuesday 9 March 2004.
It is expected that admission of the new Ordinary Shares to the Official List of the UK Listing Authority, nil paid, will become effective and that nil paid dealings in the new Ordinary Shares will commence on the London Stock Exchange’s market for listed securities (for normal settlement) at 8.00 a.m. on Tuesday 9 March 2004.
The latest time and date for acceptance and payment in full for new Ordinary Shares pursuant to the Rights Issue is 10.30 a.m. Thursday 1 April 2004.
Definitions used in the Charter plc prospectus dated 20 February 2004 shall have the same meanings when used in this announcement, unless the context requires otherwise.
Enquiries:
| Charter plc | 020 7404 5959 | |
| David Gawler | ||
| David Eilbeck | ||
| Hoare Govett Limited | 020 7678 8000 | |
| Philip Dayer | ||
| Neil Collingridge | ||
| Brunswick | 020 7404 5959 | |
| Andrew Fenwick | ||
| Pamela Small |
This announcement does not constitute, or form part of, an offer or solicitation of an offer, to purchase or subscribe for, underwrite or otherwise acquire, any rights, shares or other securities. These may only be made on the basis of information that is contained in the prospectus published in connection with the Rights Issue and any supplement thereto.
This announcement is not an offer for sale of securities in or into the United States, Canada, Australia, Japan, the Republic of Ireland or the Republic of South Africa or in any other jurisdiction. The securities have not been registered with, recommended, approved or disapproved by any US federal or state securities commission or regulatory authority. There will be no public offer of securities in the United States.
Hoare Govett, which is regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Charter and no one else in connection with the Rights Issue and will not be responsible to anyone other than Charter for providing the protections afforded to clients of Hoare Govett or for providing advice in relation to the Rights Issue.
A copy of the resolution approved today at the Extraordinary General Meeting of the Company has been submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at: Financial Services Authority, 25 The North Colonnade, Canary Wharf London E14 5HS.
Prices and values of, and income from, shares may go down as well as up and an investor may not get back the amount invested. It should be noted that past performance is no guide to future performance. Persons needing advice should consult an independent advisor.