Rolls Royce have announced that they are performing a company restructure today.
For each share held in Rolls-Royce Group plc (ordinary shares of 20p) shareholders will receive 1 new share of Rolls-Royce Holdings plc. in replacement.
- Effective Date: 23rd May 2011
- Old: Rolls-Royce Group ISIN GB0032836487
- New: Rolls-Royce Holdings ISIN GB00B63H8491
The value of your shares will be not affected by this change.
If you have any questions regarding this issue you can call the Market Operations team at the London Stock Exchange on 020 7797 4310 who will advise.
Note that this is not in related to the recent news that a Trent 900 Rolls-Royce engine failed on a Quantas A380 earlier this month. It is just a corporate restructure.
Rolls-Royce share price did dip today to 620p, down 15p. You can follow the latest share prices on the Rolls-Royce website: www.rolls-royce.com/investors/detailedshareprice/index.jsp