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COMPANY ANNOUNCEMENT: Approval of Prospectus in respect of admissibility to listing of 30,000,000 or 18/12/2017

The following is a Company Announcement issued by Simonds Farsons Cisk plc (the "Company") pursuant to Listing Rule 5.16.3 of the Malta Financial Services Authority Listing Rules. 

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Reference is made to the approval by the Company’s shareholders at the Annual General Meeting held on the 27 June 2017, for the spin-off of the Company’s shareholding in Trident Estates plc (“Trident”).

The Board of Directors is scheduled to meet on Wednesday, 20 December 2017 in order to consider the declaration of an interim dividend that would be paid ‘in kind’ by means of a distribution of the Company’s entire shareholding in Trident on a pro-rata basis to the shareholders registered on the Company’s share register at the Central Securities Depository of the Malta Stock Exchange as at the close of business on the 21 December 2017 (i.e. including trades up to the 19 December 2017).

At a meeting held earlier today, the Listing Authority has approved a Prospectus relating to the admissibility to listing of 30,000,000 ordinary shares in Trident Estates plc (“Trident”) having a nominal value of €1.00 per share pursuant to the Listing Rules.

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Antoinette Caruana
Company Secretary