Last checked at 1 Apr 2011 14:41
1 April 2011
POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING TO APPROVE THE PROPOSED DISPOSAL OF THE NORTH AMERICAN BUSINESS
Further to the announcement made on 31 March 2011, Taylor Wimpey plc (the "Company") announces that the circular (the "Circular") relating to the proposed disposal of its North American Business has been posted to shareholders. The Circular contains a notice of a general meeting (the "General Meeting") of the Company to consider and, if thought fit, to pass a resolution approving the disposal of the North American Business to TMM Holdings Limited Partnership (a partnership controlled by certain investment funds affiliated with TPG Capital, certain investment funds affiliated with Oaktree Capital Management, L.P., as well as JH Investments Inc.) and its subsidiaries (2279154 Ontario Inc. and Aylesbury Acquisition, Inc.).
The General Meeting will be held at the offices of J.P. Morgan Cazenove, 20 Moorgate, London EC2R 6DA on 18 April 2011 at 10am.
The Circular is available on the Company's website at www.taylorwimpeyplc.com/InvestorRelations/AnnouncementsPresentations/.
Copies of the Circular are available for inspection at the registered office of the Company at Gate House, Turnpike Road, High Wycombe, Buckinghamshire HP12 3NR and at the offices of Slaughter and May at One Bunhill Row, London EC1Y 8YY during normal business hours on any weekday (Saturdays, Sundays and public holidays excepted) up to and including the date of the General Meeting.
A copy of the Circular has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.hemscott.com/nsm.do.
Enquiries:
Taylor Wimpey plc
Pete Redfern, Group Chief Executive
Ryan Mangold, Group Finance Director
James Jordan, Group Company Secretary and General Counsel
Jonathan Drake, Investor Relations Manager
Tel: +44 (0) 1494 558323
J.P. Morgan Cazenove (Sponsor, Financial Adviser and Corporate Broker)
Mark Breuer
Andrew Truscott
Guy Marks
Tel: +44 (0)20 7742 4000
RBS Hoare Govett (Corporate Broker)
Antonia Rowan
Sara Hale
Tel: +44 (0)20 7678 8000
Finsbury (Financial public relations adviser)
Andrew Dowler
Clare Hunt
Tel: +44 (0)20 7251 3801