CLS Holdings PLC Share Subdivision Timetable (4488D)

TIDMCLI

RNS Number : 4488D

CLS Holdings PLC

26 April 2017

CLS Holdings plc

(the "Company")

Share Subdivision Timetable

Following the approval by shareholders of the subdivision of the Company's existing Ordinary Shares of 25 pence each ("Existing Ordinary Shares") into new Ordinary Shares of 2.5 pence each ("New Ordinary Shares") at its Annual General Meeting held today, the Company confirms the timetable for the subdivision as set out below:

Subdivision timetable

   Last dealing day of Existing Ordinary Shares:                                           5 May 2017 

Record date for the subdivision 6pm on 5 May 2017

   First dealing day of New Ordinary Shares:                                                8 May 2017 
   New Ordinary Shares credited to CREST accounts                                   8 May 2017 
   Certificates for New Ordinary Shares despatched                                      by 22 May 2017 

Information on shares

Existing Ordinary Shares

   Shares expected to be in issue immediately prior to the subdivision           40,739,576 
   Number of shares held in treasury immediately prior to the subdivision        3,138,202 

Existing Ordinary Shares ISIN: GB0001592475

   Existing Ordinary Shares SEDOL:                                                           0159247 

New Ordinary Shares

   Shares expected to be in issue immediately after the subdivision               407,395,760 
   Number of shares held in treasury immediately after the subdivision           31,382,020 

New Ordinary Shares ISIN: GB00BF044593

   New Ordinary Shares SEDOL:                                                                BF04459 

It is expected that the share subdivision will become effective at 8.00 am on Monday 8 May 2017 (the "Effective Date"). On the Effective Date, the Official List of the UKLA will be amended to reflect the share subdivision.

The New Ordinary Shares will be in registered form and maybe held in certificated or uncertificated form. Following the subdivision becoming effective, share certificates in respect of the Existing Ordinary Shares will cease to be valid and will be cancelled.

New certificates in respect of the New Ordinary Shares will be issued to those shareholders who hold their Existing Ordinary Shares in certificated form, and are expected to be dispatched, at the risk of shareholders, within 10 Business Days from the Effective Date.

Share certificates in respect of Existing Ordinary Shares should be destroyed upon receipt of such new certificates. No temporary documents of title will be issued. Transfers of New Ordinary Shares after 5 May 2017 but before the dispatch of new certificates will be certified against the register of members of the Company.

Enquiries

David Fuller

Company Secretary

CLS Holdings plc

[phone]

This information is provided by RNS

The company news service from the London Stock Exchange

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April 26, 2017 11:02 ET (15:02 GMT)