REG - GlobalData PLC - Notice of General Meeting

GlobalDataAnnouncement

07/07/2023 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230707:nRSG2517Fa&default-theme=true

RNS Number : 2517F  GlobalData PLC  07 July 2023

7 July 2023

 

GlobalData Plc

(AIM: DATA, GlobalData, the Company)

 

Notice of General Meeting

Proposed capital reorganisation

 

GlobalData Plc, the leading provider of industry intelligence, announces that
it will today issue a circular to shareholders convening a General Meeting at
which a proposed capital reorganisation will be considered.

 

The Board's proposal will involve a consolidation of the Company's existing
share capital (consolidating every 14 existing ordinary shares into one
consolidated share) followed by a subdivision of every consolidated share into
100 new ordinary shares.  To effect the consolidation, it will be necessary
to issue nine additional ordinary shares so that the Company's issued ordinary
share capital is exactly divisible by 14.

 

The Board believes that the Capital Reorganisation would benefit all
shareholders and make the Company's shares more accessible to retail
investors.  It may also improve the liquidity of the market in the Company's
shares and reduce in percentage terms the bid / offer spread in the Company's
shares.

 

The General Meeting will be held at John Carpenter House, 7 Carmelite Street,
London, EC4Y 0BS on Tuesday 25 July 2023 at 2.00 pm.

 

Full details and arrangements can be found on the Notice of General Meeting on
the Company's website, www.globaldata.com (http://www.globaldata.com) .

 

 

EXPECTED TIMETABLE OF PRINCIPAL EVENTS

 

 

                                                                               2023

 Publication of the Circular                                                   7 July

 Latest time and date for receipt of Forms of Proxy for the General Meeting                                            2.00 p.m. on 21 July

 General Meeting                                                               2.00 p.m. on 25 July

 Announcement of the result of the General Meeting                             25 July

 Record Date for the Capital Reorganisation                                    6.00 p.m. on 25 July

 Admission expected to become effective and dealings expected to commence in   8.00 a.m. on 26 July
 the New Ordinary Shares on AIM

 CREST accounts expected to be credited with the New Ordinary Shares in        26 July
 uncertificated form

 Expected date of dispatch of definitive certificates for New Ordinary Shares  By no later than 9 August
 (in certified form)

 

All defined terms in this document are as set out in the circular, unless the
context requires otherwise.

 

 

 

ENQUIRIES

 

 GlobalData Plc
 Mike Danson, Chief Executive Officer           0207 936 6400
 Graham Lilley, Chief Financial Officer

 J.P. Morgan Cazenove (Nomad and Joint Broker)  0203 493 8000
 Bill Hutchings
 Mose Adigun

 Panmure Gordon (Joint Broker)                  0207 886 2500
 Rupert Dearden
 Dougie McLeod

 Numis Securities (Joint Broker)                0207 260 1000

 Nick Westlake

 Iqra Amin

 FTI Consulting (Financial PR)                  0203 727 1000
 Edward Bridges
 Dwight Burden
 Emma Hall

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NOGEASXKEDXDEFA