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Travis Perkins (TPK)
Travis Perkins plc proposed demerger of Wickes Group plc and Travis
Perkins plc share consolidation - corporate action timetable
23-Apr-2021 / 16:34 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY
OR INDIRECTLY IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH
JURISDICTION.
23 April 2021
Travis Perkins plc
("Travis Perkins" or the "Group")
Travis Perkins plc proposed demerger of Wickes Group plc and Travis
Perkins plc share consolidation - corporate action timetable
Further to the announcement on 24th March 2021, Travis Perkins plc
confirms that, subject to shareholder approval at the General Meeting on
27 April 2021, the following corporate action timetable will apply:
Event Time & Date
Record time for determining entitlement to the 6.00 p.m. on 27 April
demerger dividend 2021
Admission and commencement of dealings in Wickes 8.00 a.m. on 28 April
Shares on the London Stock Exchange 2021
Commencement of dealings in Travis Perkins ex Wickes 8.00 a.m. on 28 April
Shares (Ex-Date) 2021
Record time for the Travis Perkins share 6.00 p.m. on 28 April
consolidation 2021
Travis Perkins admission and commencement of 8.00 a.m. on 29 April
dealings in the New Travis Perkins Shares on the 2021
London Stock Exchange
Unless the counterparties specifically agree otherwise, a buyer of the
Travis Perkins Ordinary Shares ahead of the Ex-Date will assume the
benefit of the Demerged shares, and the seller would need to pass the
benefit to the buyer, even if the seller is the recorded owner at the
Record Date.
Enquiries
Travis Perkins - Investor Relations
Matt Worster +44 (0) 799 008 8548
1 matt.worster@travisperkins.co.uk
Heinrich Richter +44 (0) 739 212 5417
2 heinrich.richter2@travisperkins.co.uk
Powerscourt +44 (0) 207 250 1446
PR Adviser to Travis Perkins
Justin Griffiths, James White
3 travisperkins@powerscourt-group.com
Citigroup Global Markets Limited +44 (0) 207 986 4000
Joint Financial Adviser, Joint Sponsor and Joint Corporate Broker to
Travis Perkins and Wickes
Andrew Seaton
Robert Redshaw
Martin Weltman
Peter Catterall
Deutsche Bank AG, London Branch +44 (0) 207 545 8000
Joint Financial Adviser, Joint Sponsor and Joint Corporate Broker to
Travis Perkins and Wickes
Charles Wilkinson
Simon Hollingsworth
Mark Hankinson
Raed El-Dana
Important Information
This announcement does not constitute an offer or invitation to sell or
issue, or a solicitation of an offer or invitation to purchase or
subscribe for any securities in any jurisdiction nor shall it (or any part
of it) or the fact of its distribution, form the basis of, or be relied on
in connection with any contract therefor.
In particular, this announcement does not constitute an offer or
invitation to sell or issue, or a solicitation of an offer or invitation
to purchase or subscribe for, any securities in the United States. The
shares of Wickes have not been, and will not be, registered under the US
Securities Act of 1933, as amended (the "US Securities Act"), and may not
be offered or sold in the United States, except pursuant to an exemption
from, or in a transaction not subject to, the registration requirements of
the US Securities Act, and in compliance with any applicable State or
local securities laws. There will be no public offer of the shares of
Wickes in the United States.
No offer of shares of Wickes will be made as part of the demerger and the
Prospectus will be published solely in connection with the proposed
admission of Wickes' ordinary shares to the premium listing segment of the
Official List and to trading on the London Stock Exchange ("Admission").
Citigroup Global Markets Limited ("Citi"), which is authorised by the
Prudential Regulation Authority ("PRA") and regulated in the UK by the
Financial Conduct Authority ("FCA") and the PRA, is acting as financial
adviser and sponsor exclusively for Travis Perkins and Wickes and for no
one else in connection with the demerger, Admission or any other matters
described in this announcement and will not be responsible to anyone other
than Travis Perkins and Wickes for providing the protections afforded to
clients of Citi nor for providing advice in connection with the demerger,
Admission, or any other matters referred to in this announcement. Neither
Citi nor any of its affiliates, directors or employees owes or accepts any
duty, liability or responsibility whatsoever (whether direct or indirect,
consequential, whether in contract, in tort, in delict, under statute or
otherwise) to any person who is not a client of Citi in connection with
the demerger, Admission, this announcement, any statement contained
herein, or otherwise.
Deutsche Bank AG is a joint stock corporation incorporated with limited
liability in the Federal Republic of Germany, with its head office in
Frankfurt am Main where it is registered in the Commercial Register of the
District Court under number HRB 30 000. Deutsche Bank AG is authorised
under German banking law. The London branch of Deutsche Bank AG is
registered in the register of companies for England and Wales
(registration number BR000005) with its registered address and principal
place of business at Winchester House, 1 Great Winchester Street, London
EC2N 2DB. Deutsche Bank AG is authorised and regulated by the European
Central Bank and the German Federal Financial Supervisory Authority
(BaFin). With respect to activities undertaken in the UK, Deutsche Bank AG
is authorised by the PRA with deemed variation of permission. It is
subject to regulation by the FCA and limited regulation by the PRA.
Details about the Temporary Permissions Regime, which allows EEA-based
firms to operate in the UK for a limited period while seeking full
authorisation, are available on the FCA's website. In connection with the
demerger and Admission, Deutsche Bank AG is acting through its London
branch ("Deutsche Bank"). Deutsche Bank is acting as financial adviser and
sponsor exclusively for Travis Perkins and Wickes, and no one else in
connection with the demerger and Admission, and Deutsche Bank will not
regard any other person (whether or not a recipient of this announcement)
as a client in relation to the demerger or Admission and will not be
responsible to anyone other than Travis Perkins and Wickes for providing
the protections afforded to clients of Deutsche Bank or for providing
advice in relation to the demerger or Admission or any other transaction,
matter or arrangement referred to in this announcement. Neither Deutsche
Bank nor any of its affiliates, directors or employees owes or accepts any
duty, liability or responsibility whatsoever (whether direct or indirect,
consequential, whether in contract, in tort, in delict, under statute or
otherwise) to any person who is not a client of Deutsche Bank in
connection with the demerger, Admission, this announcement, any statement
contained herein, or otherwise.
This announcement has been issued by and is the sole responsibility of
Travis Perkins. No representation or warranty, express or implied, is or
will be made, as to or in relation to, and no responsibility or liability
is or will be accepted by either of Citi or Deutsche Bank or by any of
their respective affiliates, directors, officers, employees or advisers
for the contents of this announcement, including its accuracy,
completeness and verification or for any other statement made or purported
to be made by either of them, or on behalf of either of them in connection
with Travis Perkins, Wickes, the Group, the Wickes Group, the demerger or
Admission.
Certain statements made in this announcement are forward-looking
statements. These forward-looking statements are based on current beliefs
and expectations and are subject to a number of known and unknown risks
and uncertainties that may cause actual results, performance or
achievements of the Group or the Wickes Group or industry results to
differ materially from any future events, results, performance or
achievements expressed or implied by such forward-looking statements.
These forward-looking include all matters that are not historical facts.
Forward-looking statements speak only as of the date of this announcement.
Persons receiving this announcement should not place undue reliance on any
forward-looking statements. Unless otherwise required by applicable law or
regulation, each of Travis Perkins, Wickes and their advisers (including
Citi and Deutsche Bank) disclaims any obligation or undertaking to update
or revise any forward-looking statements, whether as a result of new
information, future developments or otherwise.
END
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ISIN: GB0007739609
Category Code: MSCL
TIDM: TPK
LEI Code: 2138001I27OUBAF22K83
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 100647
EQS News ID: 1188073
End of Announcement EQS News Service
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References
Visible links
1. mailto:matt.worster@travisperkins.co.uk
2. mailto:heinrich.richter2@travisperkins.co.uk
3. mailto:travisperkins@powerscourt-group.com
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