Carnival PLC Carnival PLC - Intragroup Transaction

 
TIDMCCL 
 
CARNIVAL PLC - INTRAGROUP TRANSACTION 
 
London, January 30, 2023 
 
To optimize certain existing intercompany loan balances between Carnival plc 
and Carnival Corporation, Carnival plc announces in accordance with Listing 
Rule 9.6.4R that it has agreed to allot and issue 1 ordinary share of US$1.66 
(the "Share") to Carnival Corporation at a subscription price of US$1 billion. 
The Share will not carry the right to vote while it is owned by Carnival 
Corporation, in accordance with the Articles of Association of Carnival plc. 
 
The transaction does not impact the consolidated liquidity, financial position 
or net assets of Carnival Corporation & plc, and supports intercompany balance 
sheet management, optimizing the standalone Carnival plc balance sheet. 
 
Admission 
 
Applications have been made to the Financial Conduct Authority for the Share to 
be admitted to listing on the premium listing segment of the Official List, and 
to the London Stock Exchange for the Share to be admitted to trading on the 
London Stock Exchange's main market for listed securities ("Admission"). 
 
The transaction is conditional on Admission, which is expected to occur on 
January 31, 2023. 
 
 
 
END 
 
 

(END) Dow Jones Newswires

January 30, 2023 02:06 ET (07:06 GMT)