DIGNITY PLC

Capital/Financing Update • Jul 22, 2013

National Storage Mechanism | Additional information

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RNS Number : 8783J

Dignity PLC

22 July 2013

For immediate release                                                                                    22 July 2013    

Dignity plc

Notice of General Meeting of Dignity plc and Issue of Prospectus by Dignity Finance PLC

Further to the announcement on 19 July 2013, Dignity plc is pleased to confirm that the subscription agreement for the issue of further Secured Notes has been executed. Dignity Finance PLC has also today issued a Prospectus in respect of the issue of further Secured Notes.

The Group will post a circular to shareholders on 23 July 2013, including a notice of general meeting. The notice sets out resolutions which, if passed, will give shareholders the ability to receive the £1.08 per share cash return either in the form of a dividend or return of capital. Copies of the circular may be obtained from the Group's investor website www.dignityfuneralsplc.co.uk. The meeting will be held on 8 August 2013 at 11.00am.

The Prospectus confirms the pricing and quantum of the new Secured Notes at the levels announced on 19 July 2013 and the circular confirms the Group's intention to return £61.9 million, equating to £1.08 per share to its shareholders. The Dignity Group also confirms that as a result of this intended return, no interim dividend will be paid.

Commenting on the issue of further Secured Notes and the proposed return of value, Mike McCollum, Chief Executive said:

'This transaction demonstrates the Group's ability to use the stable, cash generative nature of the business to support an efficient capital structure and generate additional value for our shareholders.'

For more information

Mike McCollum, Chief Executive

Steve Whittern, Finance Director

Dignity plc                                                                                                          +44 (0) 121 354 1557

Richard Oldworth

Sophie McNulty

Louise Hadcocks

Buchanan                                                                                                          +44 (0) 20 7466 5000

This information is provided by RNS

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