Pz Cussons Regulatory News (PZC)

28 Jun 2005 12:35

PZ CUSSONS PLC28 June 2005 PZ Cussons Plc 28 June 2005 Proposed enfranchisement of the 'A' (Non-Voting) Ordinary Shares, CompensatoryBonus Issue to Ordinary Shareholders and cancellation and repayment of bothclasses of Preference Shares Result of EGM and Separate Class Meetings At today's Extraordinary General Meeting of the Ordinary Shareholders and bothclasses of the Preference Shareholders and the Separate Class Meetings of theOrdinary Shareholders, 'A' (Non-Voting) Ordinary Shareholders, the 71/2%Cumulative Preference Shareholders and 10% Cumulative Preference Shareholdersall the resolutions to approve the Enfranchisement Proposals and thecancellation and repayment of both classes of the Preference Shares (definitionsand details of which are contained in the circular sent to shareholders on 3June 2005) were approved by the necessary majority of votes cast. Accordingly, and in accordance with the timetable in the circular sent toshareholders on 3 June 2005, the timetable for the Enfranchisement Proposalswill be as follows: Record Date for the Compensatory Bonus Issue 5.00pm 28 June 2005 Last day of dealings in 'A' (Non-Voting) Ordinary Shares 28 June 2005 Enfranchisement Proposals become effective and commencement of 29 June 2005dealings in the New Ordinary Shares Ordinary Shares dealt ex-entitlement to the Compensatory 29 June 2005Bonus Issue CREST accounts credited with New Ordinary Shares 29 June 2005 Despatch of new share certificates, tax vouchers and 6 July 2005cheques for proceeds from sale of fractional and other entitlements Subject to confirmation of the timetable with the Court, the expected Courthearing to confirm the cancellation of the Preference Shares remains 20 July2005 with repayment expected to be on 1 August 2005 This information is provided by RNS The company news service from the London Stock Exchange