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29 Mar 2010 07:45
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A BREACH OF THE RELEVANT SECURITIES LAWS OR REGULATIONS OF SUCH JURISDICTION
29 March 2010
Carphone Warehouse Group plc
Demerger effective and trading expected to commence in shares of Carphone Warehouse Group plc
All of the conditions to the separation of the TalkTalk Business by a demerger to TalkTalk Telecom Group PLC and the creation of two separately listed companies, Carphone Warehouse Group plc and TalkTalk Telecom Group PLC, have been satisfied and the Demerger became effective on 26 March 2010.
Trading in Carphone Warehouse Group plc ordinary shares under the ticker "CPW" is expected to commence on the London Stock Exchange at 8.00 am today.
CREST accounts will be credited with Carphone Warehouse Group plc ordinary shares at 8.00 am today. Shareholders will be sent share certificates in respect of their certificated holdings in Carphone Warehouse Group plc on 12 April 2010.
Capitalised terms used in this announcement have the meanings given to them in the scheme document of The Carphone Warehouse Group PLC dated 29 January 2010.
For further information:
Carphone Warehouse Group plc
Kate Ferry +44 7748 933 206
Shane Conway (for media enquiries) +44 7932 199 659
Anthony Carlisle +44 7973 611 888
Citigate Dewe Rogerson +44 2076 389 571
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