Edition:
India

SSP Group Proposes Special Dividend Payment Be Accompanied By Share Consolidation


Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - SSP Group PLC ::PROPOSED THAT PAYMENT OF SPECIAL DIVIDEND BE ACCOMPANIED BY A CONSOLIDATION OF COMPANY'S ORDINARY SHARE CAPITAL.SHAREHOLDERS WILL RECEIVE 20 NEW ORDINARY SHARES FOR EVERY 21 EXISTING ORDINARY SHARES HELD AT 6.00 P.M. ON 12 APRIL 2019.NEW ORDINARY SHARES TO HAVE DIFFERENT NOMINAL VALUE, THEY WILL CARRY SAME RIGHTS AS CURRENTLY ATTACH TO EXISTING ORDINARY SHARES.