Scrip Dividend

31 Aug 2007 07:01

Celtic PLC31 August 2007 CELTIC PLC SCRIP DIVIDEND REINVESTMENT SCHEME 31 August 2007 Celtic plc confirms that 129,038 new Ordinary Shares of 1p each will be issuedon 31 August 2007 in respect of mandates received from holders of ConvertibleCumulative Preference Shares ("CCP Shares") and Convertible Preferred OrdinaryShares ("CPO Shares") participating in the Company's scrip dividend reinvestmentscheme. The average mid market prices used under the scheme rules for calculatingentitlements under the scheme for CCP Shares and CPO Shares were 60.475p and58.45p respectively, at the relevant record dates. Application has been made for the new Ordinary Shares to be issued under thescheme to be admitted to listing on AIM on 3 September 2007. The new OrdinaryShares will rank pari passu in all respects with existing Ordinary Shares. The holdings of two of the Company's directors, Brian Quinn and Eric Riley, willincrease as a result of their participation in the scheme. Mr Quinn's holding ofOrdinary Shares will increase by 2,981 shares to 113,176 shares (0.14%). MrRiley's holding of Ordinary Shares will increase by 1,294 shares to 75,841shares. (0.09%) Contacts: Eric Riley (Financial Director) 0141 551 4298Tom O'Neill (Financial Controller) 0141 551 4207 John Depasquale - Seymour Pierce Limited 020 7107 8000 End This information is provided by RNS The company news service from the London Stock Exchange