TalkTalk Splits From CPW

Demerger effective and trading expected to commence in shares of Carphone Warehouse Group

March 29, 2010

1 Min Read

LONDON -- All of the conditions to the separation of the TalkTalk Business by a demerger to TalkTalk Telecom Group PLC and the creation of two separately listed companies, Carphone Warehouse Group plc and TalkTalk Telecom Group PLC, have been satisfied and the Demerger became effective on 26 March 2010.

Trading in Carphone Warehouse Group plc ordinary shares under the ticker "CPW" is expected to commence on the London Stock Exchange at 8.00 am today.

CREST accounts will be credited with Carphone Warehouse Group plc ordinary shares at 8.00 am today. Shareholders will be sent share certificates in respect of their certificated holdings in Carphone Warehouse Group plc on 12 April 2010.

Carphone Warehouse Group plc (London: CPW)

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