Intertek Group PLC — Regulatory Filings 2018

Dec 21, 2018

National Storage Mechanism | Additional information

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RNS Number : 1999L

Intertek Group PLC

21 December 2018

21 December 2018, London

Intertek Group plc ('Intertek' or 'the Company')

Publication of Circular and Notice of General Meeting

The Board of Directors of Intertek Group plc, a leading Total Quality Assurance provider to industries worldwide, has become aware of a procedural issue in respect of the payment of the interim dividend of 31.9 pence per ordinary share on 19 October 2018 (the Relevant Distribution). The Companies Act 2006 provides that a public company may pay a dividend out of its distributable profits as shown in the last accounts circulated to members or, if interim accounts are used, those that have been filed at Companies House. The requirement for the relevant accounts to have been filed applies even if the company in question has sufficient distributable profits at the relevant time. The relevant accounts were however not filed by Intertek at Companies House until after the dividend was paid and after this procedural issue was identified. Intertek has at all times had sufficient distributable reserves to justify the payment of dividends. No fines or other penalties have been incurred by the Company and there is no change to the financial outlook of the Company.

To solve this issue the Company has today published a circular convening a general meeting at which a resolution will be proposed which will, if passed, put all potentially affected parties so far as possible in the position which they were always intended to be had the Relevant Distribution been made in accordance with the requirements of the Act (the Circular).

The Circular contains further details regarding the consequences of the Relevant Distribution having been made otherwise than in accordance with the Act. The Notice, which is contained within the Circular, convenes the general meeting for 10:00 a.m. on 16 January 2019 at Academy Place, 1-9 Brook Street, Brentwood, Essex CM14 5NQ.

The Circular will be available to view on the Shareholder's section of the Company's website, http://www.intertek.com/investors/shareholder/.

In addition, a copy of the Circular and the accompanying Proxy Form have also been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/nsm.

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Contact:

For further information, please contact:

Fiona Evans, Group Company Secretary

Telephone:        +44 (0) 20 7396 3400

About Intertek

Total Quality. Assured.

Intertek is a leading Total Quality Assurance provider to industries worldwide. Our network of more than 1,000 laboratories and offices and over 43,000 people in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers' operations and supply chains. Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.

intertek.com

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