3 Mar 2011 15:08
JERSEY ELECTRICITY PLC
3 March 2011
Capital Reorganisation
The Company announces that its shareholders passed a special resolution at today's Annual General Meeting effecting a 20 for 1 sub-division of its listed 'A' Ordinary share capital.
This sub-division takes immediate effect and the sub-divided shares will commence trading on 4 March 2011.
Following this sub-division, there will be a total of 11,640,000'A' Ordinary par value shares of £0.05 in issue.
New share certificates will be dispatched on or before 17 March 2011 to all holders as at the close of business on 3 March 2011. The existing share certificates will become invalid from close of business on 3 March 2011.
The ISIN applicable to the sub-divided shares is JE00B43SP147
Enquiries:
Peter Routier
Company Secretary
Jersey Electricity plc
PO Box 45, The Powerhouse
Queens Road, St Helier
Jersey. JE4 8NY
Tel: +44 1534 505253
email: proutier@jec.co.uk
Jersey Electricity (JEL)