Date of settlement of the Share Element of the Special Dividend
On 14 December 2021, the Non-conflicted DMGT Directors declared a Special Dividend, comprised of a Cash Element and a Share Element, to all shareholders on the register of members of DMGT as at 6.00pm UK time on 16 December 2021.
- On 14 December 2021, the Non-conflicted DMGT Directors declared a Special Dividend, comprised of a Cash Element and a Share Element, to all shareholders on the register of members of DMGT as at 6.00pm UK time on 16 December 2021.
- The Share Element is comprised of DMGTs holding of shares (Cazoo Shares) in Cazoo Group Ltd (Cazoo), equivalent to 0.5749 shares in Cazoo per DMGT share, subject to rounding.
- At its declaration, settlement of the Share Element was expected to occur in the first half of 2022 and the timing was uncertain due to it being subject to US securities law restrictions.
- Additional information on the Share Element will be provided to former DMGT Shareholders in the Information Document in relation to the Share Element of the Special Dividend, which is being published with this announcement.