De-listing
14 Octubre 2009 - 1:00AM
UK Regulatory
TIDMBMC
Birmingham City plc ("Birmingham City" or the "Company")
Notification of De-Listing
On 6 October 2009, Grandtop International Holdings Limited
("Grandtop") declared that its offer for the entire issued share
capital of Birmingham City (the "Offer") had become wholly
unconditional and that it had received valid acceptances of the Offer
in respect of a total of 76,620,136 Birmingham City Shares
representing in aggregate approximately 94.0 per cent. of the current
issued share capital of Birmingham City.
Grandtop also announced that because the level of Offer acceptances
had passed 90 per cent. of the Birmingham City Shares to which the
Offer related, as set out in the Offer Document, Grandtop intended,
as soon as practicable, to exercise its rights pursuant to sections
979 to 982 (inclusive) of the Companies Act 2006 to acquire
compulsorily the remaining Birmingham City Shares in respect of which
the Offer has not been accepted. Further, Grandtop stated that it
intended in due course to procure the making of an application by
Birmingham City to the London Stock Exchange for the cancellation of
the admission to trading of Birmingham City Shares on AIM.
Birmingham City can now confirm that it has today made an application
to the London Stock Exchange to cancel the admission to trading on
AIM of its ordinary shares with effect from 7.00 a.m. on 11 November
2009.
Enquiries:
Shore Capital on 020 7408 4090
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This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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