Last checked at 16 Oct 2013 07:00
16 October 2013
Grafton Group plc
Change of Listing Arrangements
Further to the announcement dated 16 September 2013, Grafton Group plc ("Grafton" or the "Group"), the builders merchanting and DIY group with operations in the UK, Ireland and Belgium, confirms that the changes to its listing arrangements have now taken effect.
With effect from the opening of business today, Grafton Units will be traded solely on the London Stock Exchange, and will be denominated in Sterling in pence per Unit.
Subject to the independent deliberations of the FTSE committees, it is anticipated that Grafton will be included in the FTSE UK Index Series from the close of trading on 20 December 2013, following the next FTSE quarterly review to be held on 11 December 2013.
The Group's annual financial statements for the year ending 31 December 2013 and thereafter will be presented in Sterling and the Board intends that, from March 2014, dividends will be declared in Sterling. Shareholders will however continue to have the option of receiving dividends in either Sterling or Euro. Grafton Group will remain headquartered, domiciled and tax resident in Ireland.
Ends
For further information please contact:
Grafton Group plc +353 1 216 0600
Gavin Slark Chief Executive Officer
David Arnold Chief Financial Officer
Murray Consultants +353 1 498 0300
Joe Murray
Pat Walsh
MHP Communications +44 20 3128 8100
Andrew Jaques
John Olsen
James White
Nick Haynes
Numis Securities + 44 20 7260 1000
Tim Rowntree