Sub-division of A Ord Shares (Grafton)

Date : 05/09/2008 @ 7:51AM
Source : UK Regulatory (RNS and others)
Stock : Grafton Group Plc (GFTU)
Quote : 3.472  -0.035 (-1.00%) @ 11:35AM
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Sub-division of A Ord Shares (Grafton)

RNS Number:1024U
Grafton Group PLC
09 May 2008

Grafton Group plc



Sub-division of 'A' Ordinary Shares



Shareholders of Grafton Group plc at the Annual General Meeting held on 8 May
2008 approved the creation of additional 'A' Ordinary Shares by sub-dividing
each 'A' Ordinary Share into 10 'A' Ordinary Shares of 0.001 cent each as
previously announced.



The sub-division will become effective on Monday 12 May 2008.  The record date
for the sub-division is close of business on 9 May 2008.



Following the sub-division, a Grafton Unit will comprise one Ordinary Share of
Euro0.05 and twenty 'A' Ordinary Shares of 0.001 cent each in Grafton Group plc and
one C Ordinary Share of Stg0.0001p in Grafton Group (UK) plc.



Existing share certificates for Grafton Units remain valid and shareholders are
required to take no action at this time.





Dated: 9 May 2008



Susan Carroll

Assistant Company Secretary

Grafton Group plc

Heron House

Corrig Road

Sandyford Industrial Estate

Dublin 18

Telephone: +353 1 2160600









This announcement has been issued through the Companies Announcement Service of

                           The Irish Stock Exchange.






                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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