Return of Capital
08 Mayo 2003 - 12:14PM
UK Regulatory
RNS Number:8820K
Mid-States PLC
08 May 2003
For immediate release 8 April 2003
MID-STATES PLC
("MID-STATES" OR THE "COMPANY")
RETURN OF CAPITAL TO SHAREHOLDERS
Mid-States announces that, following the approval by shareholders of the
proposed capital reduction at an extraordinary general meeting of the Company on
1 April 2003, the consent of the High Court to the reduction of capital was
granted on 7 May 2003 (the "Court Order"). The capital reduction will become
effective from the date that the Court Order is registered at Companies House
(the "Effective Date") which is expected to be 15 May 2003.
This return of capital will result in a cash payment of approximately 10.3 pence
per ordinary share to shareholders who appear on the register of members at 5pm
on the Effective Date. It is intended that cheques will be despatched to
shareholders as soon as practicable thereafter.
-ends-
Enquiries:
Mid-States PLC 020 7603 1515
Tony Hunter
Weber Shandwick Square Mile 020 7067 0745
Christian Taylor-Wilkinson
This information is provided by RNS
The company news service from the London Stock Exchange
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