Lewis(John) PLC Capital Reorganisation (3422J)
08 September 2016 - 3:00PM
UK Regulatory
TIDMBB90
RNS Number : 3422J
Lewis(John) PLC
08 September 2016
8 September 2016
John Lewis plc
Proposed capital reduction
John Lewis plc (the "Company") is proposing, subject to
shareholder approval, to repay its 5% First Cumulative Preference
Stock and 7% Cumulative Preference Stock in accordance with their
respective terms (the "Proposals"). A circular outlining the
Proposals and setting out the relevant resolutions will be issued
to shareholders shortly.
Assuming the Proposals are approved by shareholders, and
following the repayment, the Company will no longer have any listed
Cumulative Preference Stock.
Keith Hubber
Company Secretary
This announcement contains inside information
This information is provided by RNS
The company news service from the London Stock Exchange
END
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