Manufacturing Industry
VIRIDIAN GROUP PLC - Return of Capital : B Share scheme elections.
PR Newswire UK Disclose, August, 2005
Viridian Group PLC
15 August 2005
Return of Capital: B Share scheme elections
The deadline for the return of forms of Election pursuant to the Company's
Return of Capital was 5 pm on Friday 12 August 2005. As part of the Return of
Capital, Shareholders were given the following choices:
* to have their B Shares redeemed immediately for 73 pence each; and/or
* to retain their B Shares for redemption on 6 April 2006; or
* to receive an initial dividend of 73 pence each in respect of their B
Shares (the "Initial B Share Dividend")
The Company today announces that shareholders holding in aggregate:
- 111,887,000 B Shares (representing 83.41% of the total number of B Shares
issued) have chosen to have their B Shares redeemed immediately;
-...
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