REG-Carnival PLC: Carnival PLC – Intragroup Transaction

CarnivalAnnouncement

30/01/2023 07:15

CARNIVAL PLC – INTRAGROUP TRANSACTION

London, January 30, 2023

To optimize certain existing intercompany loan balances between Carnival plc
and Carnival Corporation, Carnival plc announces in accordance with Listing
Rule 9.6.4R that it has agreed to allot and issue 1 ordinary share of US$1.66
(the "Share") to Carnival Corporation at a subscription price of
US$1 billion. The Share will not carry the right to vote while it is owned by
Carnival Corporation, in accordance with the Articles of Association of
Carnival plc.

The transaction does not impact the consolidated liquidity, financial position
or net assets of Carnival Corporation & plc, and supports intercompany balance
sheet management, optimizing the standalone Carnival plc balance sheet.

Admission

Applications have been made to the Financial Conduct Authority for the Share
to be admitted to listing on the premium listing segment of the Official List,
and to the London Stock Exchange for the Share to be admitted to trading on
the London Stock Exchange's main market for listed securities ("Admission").

The transaction is conditional on Admission, which is expected to occur on
January 31, 2023.



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