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Scrip Dividend Election

27 Oct 2008 15:46

RNS Number : 7765G
All Leisure Group plc
27 October 2008
 



All Leisure Group plc

Scrip Dividend Elections

All Leisure Group plc ("All Leisure" or "Company") announces that as at 3.00pm on 22 October, the final time and date for elections to receive ordinary shares of 1 penny each in the Company ("Ordinary Shares") in lieu of the interim dividend of 2.44 pence per share, valid elections had been received in respect of 23,564,952 existing Ordinary Shares, which will result in the Company issuing 338,221 new Ordinary Shares and retaining £574,984.83 in cash which would have otherwise been paid as a dividend. Following the issue, the Company will have 61,744,777 Ordinary Shares in issue.

 

Application has been made for the 338,221 new Ordinary Shares to be admitted to trading on AIM with effect from November 2008 ("Admission").

 

The directors of All Leisure all elected to receive 50 per cent. of the dividend payable on their shareholdings in the form of new Ordinary Shares and as a result their interests following Admission will be:

 

Director

Shareholding

%

Roger Allard

36,416,015 

59.0%

Robert Bryant

2,260,628 

3.7%

Philip Ovenden

3,065,051 

5.0%

Ross Jobber

55,999 

0.1%

Nigel Jenkins

11,213 

0.02%

Enquiries:

 

All Leisure Group plc

Roger Allard / Peter Buckley 01444 462103

 

Blue Oar Securities Plc

William Vandyk 020 7448 4400

 

Citigate Dewe Rogerson

Ginny Pulbrook / Hannah Seward 020 7638 9571

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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18th Feb 201311:21 amRNSPreliminary Results
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26th Nov 20127:00 amRNSPre-Close Statement
8th Nov 201212:07 pmRNSNotification of publication of pre close statement
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12

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