Xftseallworld1c Regulatory News (ALLG)

27 Oct 2008 15:46



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 3 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:

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