Reinet Formation PrintPrint

8 October 2008

Richemont SA shareholders and PC holders approve distribution of luxury interests, change of legal form and change of name to Reinet

20 October 2008

Changes become effective

21 October 2008

Trading begins in new Reinet shares on the Luxembourg Stock Exchange

3 November 2008

Distribution to Reinet shareholders of 351.0 million shares in British American Tobacco P.L.C. (‘BAT’) by way of a capital reduction involving the cancellation of 495.6 million Reinet shares

3 November 2008

Issue of 30.3 million new Reinet shares to Remgro Limited against contribution of 21.4 million BAT shares

15 December 2008 

Finalisation of the rights issue - auction of unexercised rights:

- 92.93% of rights were taken up by shareholders following the rights issue and the take up of the unexercised rights through the auction process. Reinet has 195.9 million shares in issue and holds a total of 84.3 million BAT shares.