Full details on the McBride corporate action, including instructions on how to participate, the options available to you, and any deadline applicable.
McBride

McBride – Scheme of Arrangement

Corporate action reference: 201601562

Please note we must be in receipt of your instruction by 7 November 2016.

EVENT TERMS

Record Date - 21 October 2016

The company is proposing a 'B share' scheme whereby shareholders on the register on the record date will receive 24 unlisted B shares for each ordinary share held, equating to a final dividend of GBP 0.024 per share.

Shareholders will be able to elect to redeem the B shares and receive the nominal value of the B shares redeemed, equivalent to a final dividend of GBP 0.024 per share.

EVENT OPTIONS:

Option 1: Redeem (Default)

IF YOU WISH TO REDEEM THE B SHARES, OPTION 1, PLEASE DO NOT REPLY.

Option 2: Retain B Shares

To reply to this event, please use the below link stating which option you would like to take.

Please quote corporate action reference 201601562

ADDITIONAL INFORMATION

If you hold existing B shares from a previous issue then you will receive a separate letter regarding your existing B share options. You CANNOT add these two holdings of B shares together as they are classed as two different elections. If you wish to reply to both your existing B shares and new B shares, you must do so separately and clearly state the applicable Corporate Action Reference number on your reply.

We will aim to update your account within five business days of receiving the proceeds.

Overseas residents should consult their professional advisers as to whether they require any governmental or other consents or need to observe any other formalities to enable them to participate in the offer.

By accepting the offer, you will be representing to us that local laws and regulatory requirements have been complied with, including the obtaining of any governmental, exchange control and other consents that may be required and the payment of any issue, transfer or other taxes or duties due in that jurisdiction.

Please note that this page does not constitute investment or tax advice. If you are unsure of what option to take, or if you are in any doubt as to your tax position, please contact your financial advisor.

If you are an ISA or SIPP client your options may differ.

Please wait …