18 Sep 2009 14:52
Development Securities plc ("the Company")
Interim Dividend and Merging of Stock Lines
The timetable of the interim dividend, as announced in the Company's interim results for the six months ending 30 June 2009, will be as follows:
| Security Description | Ordinary shares of 50p each in the Company ("Ordinary Shares") |
| Mnemonic Code | DSC |
| ISIN Code | GB0002668464 |
| Dividend Amount per Ordinary Share | 2.4p |
| Ex Date | 30 September 2009 |
| Record Date | 2 October 2009 |
| Payment Date | 27 October 2009 |
The interim dividend is not payable to holders of the 41,653,260 Ordinary Shares (ISIN GB00B61GM796) which were issued as part of the firm placing, placing and open offer announced on 24 June 2009. The current two lines of stock (ISIN GB0002668464 and ISIN GB00B61GM796) will be combined after close of business on 12 October 2009. Once the conversion has taken place the shares will trade under ISIN GB0002668464.
For further information, please contact:
| Development Securities PLC | +44 (0)20 7828 4777 |
| Michael Marx (Chief Executive) | |
| The Communication Group plc | +44 (0)20 7630 1411 |
| Richard Evans |