For release on 30 September 2014
Utilico Finance Limited
Suspension of 2014 ZDP Shares
Utilico Finance Limited (the "Company") announces that in advance of the redemption of the Company's 2014 zero dividend preference shares ("2014 ZDP Shares") on 31 October 2014 (the "Redemption Date"), the listing of the 2014 ZDP Shares will be suspended with effect from 7.30 a.m. on 30 October 2014.
Redemption proceeds will be paid to shareholders of the 2014 ZDP Shares whose name appear on the share register as at 4.30 p.m. on Wednesday 29 October 2014 (the "Record Date") and settlement of the redemption monies will occur on the Redemption Date.
For 2014 ZDP Shares held in uncertificated form, CREST accounts will be credited with the redemption monies on the Redemption Date. For 2014 ZDP Shares held in certificated form, cheques in respect of the redemption monies will be issued by first class post on the Redemption Date.
The Company also announces that application has been made to the UK Listing Authority and the London Stock Exchange ("LSE") for the 2014 ZDP Shares to be cancelled from the Official List and to trading on the LSE with effect from 8.00 a.m. on 3 November 2014.
For further information please contact:
For and on behalf of ICM Limited, Secretary
Tel: +44 (0) 1372 221597
Westhouse Securities Limited
Financial Adviser and Broker
Alastair Moreton / Darren Vickers
Tel: +44 (0) 20 7601 6118
This information is provided by RNS