Rolls Royce Holdings (ORD C shares) – Scheme of Arrangement
Corporate action reference: 201601488
Please note we must be in receipt of your instruction by 23 November 2016.
If you hold Rolls Royce ordinary shares then you will receive a separate letter regarding your new C share entitlement. You CANNOT add these two holdings of C shares together as they are classed as two different elections. If you wish to reply to both your existing C shares and new C shares, you must do so separately and clearly state the applicable Corporate Action Reference number on your reply.
If you would like further information about the terminology used in this notification, please visit our Ask a Question site
Holders will be able to elect to redeem the C shares at their nominal value of GBP 0.001 per share
Option 1 – Shareholders can elect to redeem the C Shares at their nominal value of GBP 0.001 per share.
The redemption proceeds are expected to be paid by Rolls Royce on or around 6 January 2017. We will aim to release funds within five business days of receiving the redemption proceeds.
Option 2 - Shareholders can elect to use the redemption proceeds to participate in a C Share Reinvestment Plan operated by the Registrar. (CRIP)
To reply to this event, please use the below link stating which option you would like to take.
Option 3 - Shareholders can elect to retain the C Shares. (DEFAULT)
IF YOU WANT TO RETAIN YOUR C SHARES, OPTION 3, PLEASE DO NOT REPLY.
We will aim to update your account within five business days of receiving the proceeds and/or shares.
If you are an ISA or SIPP client your options may differ.