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Interim Management Statement for nine months ended 30 April 2009
Wolseley plc, the world’s largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials, is today issuing its Interim Management Statement for the nine months ended 30 April 2009.
Two new Non Executive Directors, Alain Le Goff and Michael Wareing have been appointed, and Jim Murray will retire as a Non Executive Director of Wolseley on 30 September 2010.
Wolseley announces Joint Venture of Stock Building Supply
Wolseley has announced an Agreement signed with affiliates of The Gores Group, LLC to enter into a Joint Venture (“JV”) of Stock Building Supply, with Wolseley retaining a 49% equity interest.
Wolseley plc (the ‘Company’) today announces that, as at 11.00 a.m. on 21 April 2009, being the latest date of receipt of valid subscriptions, it had received valid acceptances in respect of 191,847,616 New Ordinary Shares, representing approximately 98.3 per cent of the total number of New Ordinary Shares offered to Shareholders, pursuant to the 11 for 5 Rights Issue announced by the Company on 6 March 2009.
Wolseley plc announced previously that, as at 11.00 a.m. on 21 April 2009, being the latest date of receipt of valid subscriptions, it had received valid acceptances in respect of 191,847,616 New Ordinary Shares, representing approximately 98.31 per cent of the 195,137,478 New Ordinary Shares offered to Shareholders, pursuant to the 11 for 5 Rights Issue announced by the Company on 6 March 2009.
Wolseley plc (the 'Company'), the world's largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials announces a change in the ratio of its American Depositary Receipts ("ADRs") currently traded on the OTCQX .
Wolseley plc is pleased to announce that at a General Meeting held earlier today, all resolutions proposed at the Meeting to approve the Placing of 225,000,000 Existing Shares at 120 pence per Existing Share, the Capital Reorganisation and the 11 for 5 Rights Issue (taking into account the Capital Reorganisation) of up to 206,043,204 New Ordinary Shares at a price of 400 pence per New Ordinary Share were duly passed without amendment by the required majority on a show of hands.
Capital restructuring and unaudited half year financial results for the six months ended 31 January 2009
Along with the Half Year Results, a comprehensive package of measures is announced today to strengthen Wolseley’s balance sheet and position the Group strongly for the future.