SSPH Ssp Hold

    RNS Number : 0860E
  SSP Holdings PLC
  23 September 2008
   

    23 September 2008


    SSP Holdings plc

    RECOMMENDED ACQUISITION OF SSP HOLDINGS PLC BY H&F SENSOR BIDCO LIMITED

    Result of Court Hearing to confirm the Reduction
    and
    Cancellation of Admission

    At today's final Court Hearing required as part of the Scheme, the Court  confirmed the capital reduction required by the Scheme.  The
Reduction Court Order made at the Court Hearing will be delivered to the Registrar of Companies in England and Wales tomorrow. 
    The Scheme is expected to become effective on 24 September 2008. The cancellation of admission to trading of the SSP Shares on AIM is
expected to take place at 8.00 a.m. on 24 September 2008.
    Settlement of the consideration to which any SSP Shareholder is entitled under the Scheme will be implemented in full in accordance with
the terms of the Scheme.
    Unless the context otherwise requires, capitalised terms used, but not defined, in this announcement have the same meanings as given to
them in the Scheme Document dated 4 August 2008. 



    SSP Holdings plc                                   +44 (0)1422 330022
    Gren Folwell

    KBC Peel Hunt Ltd                               +44 (0)20 7418 8900
    Independent financial adviser to SSP
    Oliver Scott/Richard Kauffer

    Weber Shandwick Financial                +44 (0)20 7067 0700
    PR advisers to SSP
    Nick Oborne/John Moriarty


This information is provided by RNS
The company news service from the London Stock Exchange
 
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