Fuller, Smith & Turner PLC (FSTA)
Fuller, Smith & Turner PLC: Single D Share Dividend
07-Oct-2019 / 13:02 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
7 October 2019
Fuller, Smith and Turner P.L.C. ("Fuller's")
Single D Share Dividend
Following the completion of the Purchase Offer, Fuller's announces that it
has paid the Single D Share Dividend to all holders of D Shares, and that
the D Share Dividend has been waived by the Fuller, Smith & Turner P.L.C.
Employee Share Trust 1998 (the "EST"). In accordance with Fuller's Articles
of Association, following the payment of the Single D Share Dividend all of
the D Shares have been automatically reclassified as Deferred Shares. The
Deferred Shares will not be listed and carry extremely limited rights.
As contemplated in the circular to shareholders dated 6 September 2019 (the
"Circular"), it is expected that Numis Securities Limited ("Numis") will
today, 7 October 2019, acquire all of the Deferred Shares held by the EST
(being 288,252 Deferred Shares). It is then expected that all of the
Deferred Shares (being 552,318,406 Deferred Shares) will be repurchased by
Fuller's from Numis tomorrow, 8 October 2019, in accordance with the terms
of the Option Agreement as described in the Circular. Upon their repurchase
by Fuller's, all of the Deferred Shares will be cancelled by Fuller's.
Unless otherwise defined, capitalised terms used in this announcement have
the same meaning as those defined in the Circular, which can be viewed on
Fuller's website at www.fullers.co.uk/corporate/investors [1].
Enquiries:
Fuller, Smith & Turner P.L.C.
Séverine Béquin, Company Secretary - 020 8996 2073
Numis Securities Limited
Christopher Wilkinson / Jonathan Abbott - 020 7260 1211
Computershare Shareholder Helpline
Tel: 0370 889 4096 (or +44 (0) 370 889 4096 if calling from outside the
United Kingdom)
Calls outside the United Kingdom will be charged at the applicable
international rate. The helpline is open between 8.30 a.m. and 5.30 p.m.,
Monday to Friday excluding public holidays in England and Wales. Please note
that calls may be monitored or recorded and the helpline cannot provide
financial, legal or tax advice or advice on the merits of the Resolutions or
the D Share Scheme.
Important Notices
This announcement has been issued by and is the sole responsibility of the
Company. The information contained in this announcement is for background
purposes only and does not purport to be full or complete. The information
in this announcement is subject to change.
T his announcement does not constitute or form part of any offer or
invitation to purchase, otherwise acquire, subscribe for, sell, otherwise
dispose of or issue, or any solicitation of any offer to sell, otherwise
dispose of, issue, purchase, otherwise acquire or subscribe for, any
security. This announcement does not constitute an invitation to participate
in the D Share Scheme in or from any jurisdiction in or from which, or to or
from whom, it is unlawful to make such offer under applicable securities
laws or otherwise or where such offer would require a prospectus to be
published. Neither this announcement, nor any other document issued in
connection with the proposed Return of Capital, may be issued or distributed
to any person except under circumstances which do not constitute an offer to
the public under applicable securities laws.
Numis, which is authorised and regulated by the FCA in the United Kingdom,
is acting exclusively for the Company and for no one else in connection with
the matters referred to in this announcement and is not advising, or acting
for, any other person and will not be responsible to anyone other than the
Company for providing the protections afforded to its clients or for
providing advice in relation to the matters referred to in this
announcement. Neither Numis, nor any of its affiliates, owes or accepts any
duty, liability or responsibility whatsoever (whether direct or indirect,
whether in contract, tort, under statute or otherwise) to any person who is
not a client of Numis in connection with this announcement, any statement
contained herein or otherwise.
This announcement has been prepared in accordance with English law, the EU
Market Abuse Regulation and the Disclosure Guidance and Transparency Rules
of the UKLA and information disclosed may not be the same as that which
would have been prepared in accordance with the laws of jurisdictions
outside England.
The release, publication or distribution of this announcement in, into or
from jurisdictions outside the United Kingdom may be restricted by law and
therefore persons into whose possession this announcement comes should
inform themselves about, and observe such restrictions. Any failure to
comply with the restrictions may constitute a violation of the securities
law of any such jurisdiction.
If you are in any doubt about the contents of this announcement or the
action you should take, you are recommended to seek your own financial or
tax advice immediately from your stockbroker, bank manager, fund manager,
solicitor, accountant, tax advisor or other appropriate independent
financial adviser duly authorised under the Financial Services and Markets
Act 2000 if you are resident in the United Kingdom or, if not, from any
appropriately authorised independent financial adviser.
ISIN: GB00B1YPC344
Category Code: FUR - the announcement of the D Share Scheme on 4 September
TIDM: FSTA
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 22610
EQS News ID: 886271
End of Announcement EQS News Service
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=a72264e170293f033281a8f0461f2b0b&application_id=886271&site_id=vwd&application_name=news
(END) Dow Jones Newswires
October 07, 2019 08:02 ET (12:02 GMT)
