Computacenter plc
RETURN OF VALUE
RESULTS OF PURCHASE OFFER AND DECLARATION OF SINGLE B SHARE DIVIDEND
In accordance with the circular to Shareholders dated 24 May 2013 (the "Circular"), Shareholders could elect to sell B Shares at 48.7 pence each, free of all dealing expenses and commissions, pursuant to the Purchase Offer which was made on 21 June 2013 by Credit Suisse Securities (Europe) Limited. Valid elections to accept the Purchase Offer were received in respect of 64,500,230 B Shares, representing approximately 41.9 per cent. of the B Shares in issue.
The Board of Directors of the Company is also pleased to announce that it has today declared the Single B Share Dividend of 48.7 pence per B Share payable to those holders of B Shares who were on the B Share register of members at 7.30a.m. today. Credit Suisse Securities (Europe) Limited will receive the Single B Share Dividend of 48.7 pence in respect of each B Share it has purchased under the Purchase Offer.
In accordance with the Articles of Association of the Company, following the declaration of the Single B Share Dividend, all B Shares have been converted into Deferred Shares. The Deferred Shares will not be listed, will carry extremely limited rights and will have negligible value.
Cheques and sale advices are expected to be despatched and assured payments made through CREST on 5 July 2013 in respect of B Shares purchased under the Purchase Offer and in respect of the Single B Share Dividend.
In conformity with Disclosure and Transparency Rule 5.6.1A(R) Computacenter plc also notifies the market of the following:
Following the Capital Reorganisation described in the Circular and approved at the General Meeting held at 11a.m. on 11 June 2013, the Company's share capital now consists of 138,538,647 ordinary shares with a nominal value of 6 2/3p each, with voting rights. The Company does not hold any shares in Treasury. In addition, there are 153,931,830 Deferred Shares of nominal value 0.01 pence in issue, which carry no voting rights. The Company may repurchase these in due course for an aggregate sum of 1p.
Therefore, the total number of ordinary shares with voting rights is 138,538,647.
This figure of 138,538,647 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Computacenter plc under the Financial Conduct Authority's Disclosure and Transparency Rules.
All definitions used in the Circular apply to this announcement. To view the Circular, please visit the Group's website at www.computacenter.com. A copy of the Circular was submitted to the UK Listing Authority's National Storage Mechanism and is available for inspection at www.hemscott.com/nsm.do
Credit Suisse Securities (Europe) Limited, which is regulated in the United Kingdom by the Financial Conduct Authority, is acting as financial adviser and corporate broker to Computacenter plc and is acting for no-one else in connection with the Return of Value or any other matter referred to in this announcement, and will not be responsible to anyone other than Computacenter plc for providing the protections afforded to customers of Credit Suisse Securities (Europe) Limited nor for providing advice to any other person in relation to the Return of Value.
Enquiries:
Computacenter plc:
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01707 637 000
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Mike Norris, CEO
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Tony Conophy, CFO
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Credit Suisse:
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020 7888 8888
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John Hannaford
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Michael Taylor
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Tulchan Communications:
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0207 353 4200
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James Macey White
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