LIC Divesting shareholding in National Milk Records PLC

LIC is divesting it's 19.75% shareholding in National Milk Records PLC by way of a scheme of arrangement. The scheme is subject to approval by the UK courts and other customary conditions. The transaction is expected to close mid- July where LIC will divest 4,194,880 shares in National Milk Records PLC at ?2.15 per share. Full statement attached. Contact For shareholder enquiries, phone 0800 542 742 For media enquiries, contact LIC Head of Marketing & Products: Mike.Wilson@lic.co.nz, 0275510535. End CA:00412635 For:LIC Type:MKTUPDTE Time:2023-06-07 08:30:39