10 Mar 2021 17:07
10 March 2021
Total Produce plc
(the "Company")
UPDATE REGARDING THE MIGRATION OF TOTAL PRODUCE PLC's SHARES TO THE EUROCLEAR BANK'S CENTRAL SECURITIES DEPOSITORY
Total Produce plc (the "Company") provides the following update in relation to the migration of Irish corporate securities from CREST to Euroclear Bank ("Migration") under the Migration of Participating Securities Act 2019 ("2019 Act").
Shareholders' attention is drawn to the statement published by Euronext Dublin on 8 March 2021 which can be found at the following link: https://www.euronext.com/en/media/4354
In its statement, Euronext Dublin has advised that the Live Date on which Migration is to take effect is 15 March 2021 and further that, subject to final testing, this date will be formally appointed by Euronext Dublin as the Live Date for Migration on the evening of Friday, 12 March 2021.
Euronext Dublin previously announced that the effective time of the Live Date will be at 00:01 IST on 15 March 2021 and any change to this date will also be notified by Euronext Dublin via its website and by email.
Following the approval of all resolutions necessary to facilitate participation of the Company's ordinary shares in Migration at the extraordinary general meeting of the Company held on 5 February 2021, the board of directors of the Company confirm that, in accordance with Resolutions 1 and 3 as approved by the shareholders at the EGM, the Company has consented to the migration of its shares to the Euroclear Bank SA/NV central securities depository.
Accordingly, no change is anticipated in relation to the timetable set out in the Company's EGM Circular in respect of Migration, circulated to shareholders on 12th January 2021.
For further information, please contact:
Jacinta Devine
Company Secretary
Telephone: + 353 1 887 2722