Rolls Royce Holdings PLC (RLLCF)

[SC777]

For those incapable of doing due diligence:

Payment to shareholders
The Company issues non-cumulative redeemable preference shares
(C Shares) as an alternative to paying a cash dividend.
Shareholders can choose to:
– redeem all C Shares for cash;
– redeem all C Shares for cash and reinvest the proceeds in the
C Share Reinvestment Plan (CRIP); or
– keep the C Shares.
The CRIP is operated by Computershare Investor Services PLC
(the Registrar). The Registrar will purchase ordinary shares in the
market for shareholders electing to reinvest their C Share proceeds.
Shareholders wishing to participate in the CRIP or redeem their
C Shares in July 2019 must ensure that their instructions are lodged
with the Registrar no later than 5.00pm (BST) on 3 June 2019 (CREST
holders must submit their election in CREST before 3.00pm (BST)
on 3 June 2019). Redemption will take place on 4 July 2019.
At the 2019 AGM, the Directors will recommend an issue of
71 C Shares with a total nominal value of 7.1p for each ordinary share.
The C Shares will be issued on 1 July 2019 to shareholders on the
register on 26 April 2019 and the final day of trading with entitlement
to C Shares is 25 April 2019. Together with the interim issue
on 3 January 2019 of 46 C Shares for each ordinary share with a total
nominal value of 4.6p, this is the equivalent of a total annual payment
to ordinary shareholders of 11.7p for each ordinary share.
Further information for shareholders is on pages 204 and 205.