Cadbury: Clarifies 10P Special Dividend Details
January 28 2010 - 1:59PM
Dow Jones News
Cadbury PLC (CBRY.LN) said Thursday that the special dividend of
10 pence (net) per Cadbury Share, will be paid to all Cadbury
Shareholders on the register at the close of business on the date
on which the recommended final offer by Kraft Foods Inc. (KFT)
becomes or is declared wholly unconditional.
MAIN FACTS:
-Currently expected to be Feb. 2.
-The Special Dividend will be paid to both Cadbury Shareholders
who have accepted the Final Offer prior to the time at which the
Final Offer becomes or is declared wholly unconditional and Cadbury
Shareholders who have not accepted the Final Offer by that
time.
-Accordingly, Cadbury Shareholders on the register at the close
of business on the Existing Shareholders Record Date will receive
the Special Dividend from Cadbury.
-However if those Cadbury Shareholders sell their Cadbury Shares
in the market prior to the ex dividend date, then the purchaser of
those shares will have a market claim against the relevant Cadbury
Shareholder for the value of the Special Dividend.
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com
Cadbury Schweppes (LSE:CBRY)
Historical Stock Chart
From Jul 2024 to Jul 2024
Cadbury Schweppes (LSE:CBRY)
Historical Stock Chart
From Jul 2023 to Jul 2024