DCC PLC DCC Consents to Migration of Ordinary Shares (6225P)
19 February 2021 - 1:12AM
UK Regulatory
TIDMDCC
RNS Number : 6225P
DCC PLC
18 February 2021
18 February 2021
DCC plc
(the "Company")
DCC PLC CONSENTS TO THE MIGRATION OF ORDINARY SHARES TO
EUROCLEAR BANK'S CENTRAL SECURITIES DEPOSITORY
As previously announced, the shareholders of the Company
approved resolutions in relation to the replacement of CREST with a
system operated by Euroclear Bank for the electronic settlement of
trading in DCC Shares at the extraordinary general meeting held on
4 February 2021 ("EGM").
In accordance with Resolution 1 approved at the EGM, on 4
February 2021 a committee of the Board of Directors of the Company
approved the Company giving its consent to the Migration of the
Migrating Shares to Euroclear Bank's central securities depository
in accordance with the Migration of Participating Securities Act
2019. The requisite notifications in connection with the Migration
have also been made by the Company to the Irish Companies
Registration Office and Euronext Dublin.
The Migration will take place as part of the wider Market
Migration which will occur on the date determined by Euronext
Dublin and which is currently expected to be on or around 15 March
2021. Further announcements will be made in relation to the
Migration timetable in due course.
Enquiries
Darragh Byrne
General Counsel and Company Secretary
Tel +353 1 279 9400
Note
Capitalised terms used, but not otherwise defined, in this
Announcement have the meanings given to those terms in Part 10 of
the Circular dated 28 December 2020 and sent to shareholders on 6
January 2021 and also available at www.dcc.ie/investors/egm .
END
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