Melrose Industries PLC — Share Issue/Capital Change 2016

Jan 27, 2016

National Storage Mechanism | Additional information

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RNS Number : 1919N

Melrose Industries PLC

27 January 2016

27 January 2016

MELROSE INDUSTRIES PLC

UPDATE ON PROPOSED RETURN OF CAPITAL AND SHARE CAPITAL CONSOLIDATION

Melrose Industries PLC ("Melrose") is pleased to announce that the Proposed Return of Capital has been approved by the Court at the hearing which took place earlier today.

Shareholders were issued with one B Share with a nominal value of 240 pence for every Existing Ordinary Share held at the record date for entitlement to B Shares, being 5.00 p.m. on 26 January 2016. Following the receipt of Court approval the B Shares have been cancelled and extinguished in return for a payment to each holder of B Shares of 240 pence per B Share, being the nominal value of the B Shares. Cheques will be despatched or CREST accounts credited with the payment, as appropriate, in respect of such B shares on 5 February 2016 (or such other date as the Directors may determine).

The Share Capital Consolidation is expected to become effective and dealings in the New Ordinary Shares are expected to commence at 8.00 a.m. on 28 January 2016.

Defined terms used in this announcement have the meaning given to them in the announcement released on 26 January 2016.

All references in this announcement to times are to London time unless otherwise stated.

-ends-

Enquiries:

Montfort Communications
Financial PR
Charlotte McMullen	+44 (0)7921 881 800

This information is provided by RNS

The company news service from the London Stock Exchange

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