CLS Holdings PLC

Share Issue/Capital Change • Apr 26, 2017

National Storage Mechanism | Additional information

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RNS Number : 4488D

CLS Holdings PLC

26 April 2017

CLS Holdings plc

(the “Company”)

Share Subdivision Timetable

Following the approval by shareholders of the subdivision of the Company's existing Ordinary Shares of 25 pence each ("Existing Ordinary Shares") into new Ordinary Shares of 2.5 pence each ("New Ordinary Shares") at its Annual General Meeting held today, the Company confirms the timetable for the subdivision as set out below:

Subdivision timetable

Last dealing day of Existing Ordinary Shares:                                           5 May 2017

Record date for the subdivision                                                                6pm on 5 May 2017

First dealing day of New Ordinary Shares:                                                8 May 2017

New Ordinary Shares credited to CREST accounts                                   8 May 2017

Certificates for New Ordinary Shares despatched                                      by 22 May 2017

Information on shares

Existing Ordinary Shares

Shares expected to be in issue immediately prior to the subdivision           40,739,576

Number of shares held in treasury immediately prior to the subdivision        3,138,202

Existing Ordinary Shares ISIN:                                                                GB0001592475

Existing Ordinary Shares SEDOL:                                                           0159247

New Ordinary Shares

Shares expected to be in issue immediately after the subdivision               407,395,760

Number of shares held in treasury immediately after the subdivision           31,382,020

New Ordinary Shares ISIN:                                                                     GB00BF044593

New Ordinary Shares SEDOL:                                                                BF04459

It is expected that the share subdivision will become effective at 8.00 am on Monday 8 May 2017 (the "Effective Date"). On the Effective Date, the Official List of the UKLA will be amended to reflect the share subdivision.

The New Ordinary Shares will be in registered form and maybe held in certificated or uncertificated form. Following the subdivision becoming effective, share certificates in respect of the Existing Ordinary Shares will cease to be valid and will be cancelled.

New certificates in respect of the New Ordinary Shares will be issued to those shareholders who hold their Existing Ordinary Shares in certificated form, and are expected to be dispatched, at the risk of shareholders, within 10 Business Days from the Effective Date. 

Share certificates in respect of Existing Ordinary Shares should be destroyed upon receipt of such new certificates. No temporary documents of title will be issued. Transfers of New Ordinary Shares after 5 May 2017 but before the dispatch of new certificates will be certified against the register of members of the Company.

Enquiries

David Fuller

Company Secretary

CLS Holdings plc

+44 (0)20 7582 7766

This information is provided by RNS

The company news service from the London Stock Exchange

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