URA Holdings Plc
Details and timing of proposed in-specie distibution
The Board of URA Holdings Plc ("URA") is pleased to announce that following recent approval of the Courts for the capital reduction, URA has now completed the required documentation for the distribution of Ananda Developments Plc ("Ananda") shares ("Ananda Sharers") and warrants ("Ananda Warrants") to URA shareholders.
All relevant documents have been delivered to the registrars of Ananda who advise that they will be posting certificates for the Ananda Shares to shareholders on the 7th May 2021. We are advised that the Ananda Warrants will be held on a virtual register and that a letter has been included to the shareholders which contains instructions on how to exercise the Ananda Warrants.
The distribution details are as follows.
The Record Date for the distribution is 2nd January 2021
New certificates for Ananda Shares and letters confirming the holdings of Ananda Warrants will be issued on the 7th May 2021
The value of the distribution is 0.205p per Ananda Share and 0.45p per Ananda Warrant.
Shareholders who acquired shares in URA Holdings plc after the 2nd January should deal with the vendor if they consider their purchase included the entitlement to Ananda Shares or Ananda Warrants.
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