R. W. Saunders conversion
R. W. Saunders. Ltd, advises that its 10 per cent notes convert to ordinary shares on July 20. Holders of these notes have been requested to return their note certificates on, or before July 20. Share certificates, to replace surrendered note certificates, will be posted as soon as possible after July 20. The new share certificates will be issued for the number of units shown on convertible note certificates, plus one third of this number, because the notes qualify for the one-for-three bonus declared in November. The new ordinary; shares do not qualify for dividend until the vear to July 7, 1980, and the first dividend on these shares is payable in November, 1980.
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Bibliographic details
Press, 15 June 1979, Page 6
Word Count
118R. W. Saunders conversion Press, 15 June 1979, Page 6
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