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01/25/2013 | Press release
distributed by noodls on 01/25/2013 02:21
The Share Capital Consolidation, approved at the General Meeting held yesterday as part of the special resolution to approve the proposed Return of Cash as described in the circular to shareholders published on 8 January 2013 (the "Circular"), will take effect from 6.00pm today. Shareholders will receive 9 New Ordinary Shares for every 10 Existing Ordinary Shares that they hold.
Applications have been made to the UK Listing Authority for an amendment to the Official List, and to the London Stock Exchange for the amendment to trading to reflect the Share Capital Consolidation. Following the amendment, 790,546,023 New Ordinary Shares of 71 3/7 pence each will be admitted to the Official List and to trading on the Main Market of the London Stock Exchange. It is expected that the amendment will take place at 8.00am on 28 January 2013. The latest time and date for dealings in Existing Ordinary Shares is 4.30pm today, 25 January 2013.
Terms used in this announcement shall have the same meaning as set out in the Circular.
Enquiries
| David Gibson, Company Secretary, Rexam | +44 20 7227 4100 |
| Sandra Moura, Head of Investor Relations, Rexam | +44 20 7227 4100 |