Winn-Dixie expects to make initial new common stock distribution Dec. 21

By Caroline Salls

Pittsburgh, Dec. 14 - Winn-Dixie Stores, Inc. said it expects the initial distribution of new common stock to unsecured creditors under its plan of reorganization to occur on Dec. 21, according to a company news release.

Winn-Dixie said it selected American Stock Transfer & Trust Co. to serve as the transfer agent for the new common stock, and it has elected to use the direct registration system to record ownership interests in the new common stock.

Under the plan of reorganization, Winn-Dixie has until Jan. 5 to distribute its common stock.

Winn-Dixie emerged from bankruptcy on Nov. 21. The common stock currently trades on the Nasdaq Global Market on a when-issued basis under the symbol WINNV.

Winn-Dixie, a Jacksonville, Fla., supermarket company, filed for Chapter 11 on Feb. 21, 2005 in the U.S. Bankruptcy Court for the Southern District of New York. The case was later transferred to the U.S. Bankruptcy Court for the Middle District of Florida.

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