Shareholders information
Dividend payments
An interim dividend of 2.75 cents per share was paid in respect of ordinary shares on 1 October 2008.
A final dividend of 3.76 cents per share, if approved, will be paid in respect of ordinary shares on 20 May 2009.
Dividend Withholding Tax (DWT) is deductible from dividends paid by an Irish resident company, unless the shareholder is entitled to an exemption and has submitted a properly completed exemption form to the Company's Registrar, Computershare Investor Services (Ireland) Limited ('the Registrar'). DWT applies to dividends paid by way of cash and is deducted at the standard rate of income tax . Non-resident shareholders and certain Irish companies, trusts, pension schemes, investment undertakings and charities may be entitled to claim exemption from DWT and are thereby required to send the relevant form to the Registrar. Further copies of this form may be obtained from the Registrar.
Shareholders who wish to have their dividend paid direct to a bank account, by electronic funds transfer, should contact the Registrar to obtain a mandate form. Tax vouchers will be sent to the shareholders' registered address under this arrangement.
Share price data
| 2008 € |
2007 € |
||
|---|---|---|---|
| Share price at 3 January 2009 | 2.07 | 4.59 | |
| Market capitalisation | 608m | 1,346m | |
| Share price movements during the year: | - high | 5.31 | 5.08 |
| - low | 1.80 | 3.12 |
Geographic analysis of shareholdings at 3 January 2009
| Number of Shares held |
% of total |
|
|---|---|---|
| Ireland | 242,783,280 | 82.70 |
| United Kingdom | 50,399,046 | 17.17 |
| United States | 172,035 | 0.06 |
| Europe | 157,333 | 0.05 |
| Other | 43,990 | 0.02 |
| 293,555,684 | 100.00 |
| Holdings |
Number of shareholders | Number of shares held | % of total |
|---|---|---|---|
| 1 - 1,000 | 12,214 | 5,148,844 | 1.76 |
| 1,001 - 5,000 | 9,355 | 21,842,933 | 7.44 |
| 5,001 - 10,000 | 1,713 | 12,166,070 | 4.14 |
| 10,001 - 100,000 | 896 | 19,502,283 | 6.64 |
| Over 100,000 | 95 | 234,895,554 | 80.02 |
| 24,273 | 293,555,684 | 100.00 |
Stock exchange listings
Glanbia plc has primary listings on the Irish and London Stock Exchanges.
Financial calendar
| Announcement of final results for 2008 | 4 March 2009 |
| Ex-dividend date | 22 April 2009 |
| Record date for dividend | 24 April 2009 |
| Annual General Meeting | 13 May 2009 |
| Interim management statement | 13 May 2009 |
| Dividend payment date | 20 May 2009 |
| Interim management statement | 8 July 2009 |
| Announcement of interim results for 2009 | 26 August 2009 |
Auditors
PricewaterhouseCoopers, Ballycar House, Newtown, Waterford, Ireland.
Principal bankers
ABN AMRO Bank N.V., Allied Irish Banks, p.l.c., The Governor & Company of the Bank of Ireland, BNP Paribas S.A., Barclays Bank Ireland PLC, Citibank Europe plc, KBC Bank Ireland plc, Danske Bank A/S trading as National Irish Bank, Rabobank Ireland plc, Ulster Bank Ireland Limited.
Solicitors
Arthur Cox, Earlsfort Centre, Earlsfort Terrace, Dublin 2, Ireland.
Pinsent Masons, 3 Colmore Circus, Birmingham B4 6BH, UK.
Stockbrokers
Davy Stockbrokers, 49 Dawson Street, Dublin 2, Ireland (joint broker).
RBS Hoare Govett Limited, 250 Bishopsgate, London EC2M 4AA (joint broker).
Registrar and transfer office
Computershare Investor Services (Ireland) Limited, Heron House, Corrig Road, Sandyford Industrial Estate, Dublin 18, Ireland. The Registrar can be contacted on telephone number 01 2475349 (within Ireland), 00353 1 247 5349 (outside Ireland), or by email to webqueries@computershare.ie.
Shareholder enquiries
All shareholders' enquiries should be addressed to the Registrar at the above address, telephone number or email address.
Shareholders may check their accounts on the Company's Share Register by accessing the Company's website at www.glanbia.com and selecting 'Investors' - 'Shareholder centre'. Shareholders may check their shareholdings, recent dividend payment details and can also download forms required to notify the Registrar of changes in their details.
Electronic communication
Shareholders who would like to receive shareholder communications electronically, including half yearly reports, annual reports and notices of meetings, can register their email address by accessing the Company's website at www.glanbia.com, selecting 'Investors' - 'Shareholder centre' - 'E-communications' and clicking on the link www.computershare.com/register/ie, selecting Glanbia plc from the drop down menu 'Company Selection' and clicking on 'submit'. You will need your Shareholder Reference Number (SRN) which is located on your share certificate or dividend counterfoil. Following registration, shareholders will be notified by email when a half yearly report, annual report or notice of meeting is published and available for viewing on the Glanbia website.
Website
The Group's website, www.glanbia.com, provides in full the text of half yearly and annual reports, trading statements, voting results and copies of presentations to analysts and investors. News releases are made available, in the Investors' section of the website, immediately after release to the Stock Exchanges.
Additional shareholder information
Share capital
The authorised share capital of the Company is 306,000,000 ordinary shares of €0.06 each. The issued share capital as at 3 January 2009 was 293,555,684 ordinary shares of €0.06 each.
The rights and obligations attaching to the shares are as follows:
- Voting rights - votes may be given either personally or by proxy. Subject to any rights or restrictions attached to the shares, on a show of hands every member present in person and every proxy shall have one vote, so, however, that no individual shall have more than one vote, and on a poll every member present in person or by proxy shall have one vote for every share carrying voting rights
of which he is the holder. On a poll a member entitled to more than one vote need not use all his votes or cast all the votes he uses in the same way. A poll may be demanded:
- (a)
- by the chairman of the meeting;
- (b)
- by at least three members present (in person or by proxy) having the right to vote at the meeting;
- (c)
- by any member or members present (in person or by proxy) representing not less than one tenth of the total voting rights of all the members having the right to vote at the meeting; or
- (d)
- by a member or members present (in person or by proxy) holding shares in the Company conferring the right to vote at the meeting being shares on which an aggregate sum has been paid up equal to not less than one tenth of the total sum paid up on all the shares conferring that right.
In the case of an equality of votes, whether on a show of hands or on a poll, the chairman of the meeting at which the show of hands takes place or at which the poll is demanded shall be entitled to a casting vote in addition to any other vote he may have. - Dividend rights - the Company may by ordinary resolution declare dividends in accordance with the respective rights of the members, but no dividend shall exceed the amount recommended by the Directors. The Directors may also declare and pay interim dividends if it appears to them that they are justified by the profits of the Company available for distribution.
- Distribution on winding up - If the Company shall be wound up and the assets available for distribution among the members as such shall be insufficient to repay the whole of the paid up or credited as paid up share capital, such assets shall be distributed so that, as nearly as may be, the losses shall be borne by the members in proportion to the capital paid up or credited as paid up at the commencement of the winding up on the shares held by them respectively. And if, in a winding up, the assets available for distribution among the members shall be more than sufficient to repay the whole of the share capital paid up or credited as paid up at the commencement of the winding up, the excess shall be distributed among the members in proportion to the capital at the commencement of the winding up paid up or credited as paid up on the said shares held by them respectively.
Substantial shareholdings
The table below details the significant holding (3% or more) in the Company's ordinary share capital that has been disclosed to the Company as at 3 March 2009 in accordance with the requirements of section 5.1.2 of the UK Listing Authority's Disclosure and Transparency Rules.
| Shareholder |
No of ordinary shares |
% of issued share capital |
|---|---|---|
| Glanbia Co-operative Society Limited | 160,277,308 | 54.6% |
Employee share schemes
The Company operates a number of employee share schemes. At 3 January 2009, 570,054 ordinary shares were held in an employee benefit trust for the purpose of the Group's employee share schemes. Whilst any shares in the Company are held by the Trustees, the Trustees shall refrain from exercising any voting rights which may attach to the shares save that if the beneficial interest in any share has been vested in any beneficiary the Trustees shall seek and comply with any direction from such beneficiary as to the exercise of voting rights attaching to such share.