Result of Reduction Hearing
28 Julio 2010 - 6:41AM
UK Regulatory
TIDMTFC
RNS Number : 0797Q
Trafficmaster PLC
28 July 2010
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF THAT JURISDICTION
28 July 2010
Trafficmaster Plc
("Trafficmaster" or the "Company")
Result of Reduction Hearing
Trafficmaster is pleased to announce that today, at the Reduction Hearing, the
Court confirmed the reduction of capital associated with the cancellation of the
Scheme Shares.
The Reduction Order is expected to be delivered to the Registrar of Companies
tomorrow, 29 July 2010, at which time the Scheme will become effective.
Trafficmaster has made an application to the London Stock Exchange for the
cancellation of the admission to trading of Trafficmaster Shares on its main
market for listed securities and to the UK Listing Authority for the
cancellation of the admission of the Trafficmaster Shares to the Official List,
in each case to be effective from 8:00 a.m. (London time) tomorrow, 29 July
2010.
Capitalised terms used but not defined in this announcement have the same
meanings as given to them in the Scheme Document.
For further information please contact:
Trafficmaster
Tony Eales, Chief Executive 0044 1234
759300
Tim Coleman, Finance Director
Canaccord Genuity Limited
(Financial and Rule 3 Adviser to Trafficmaster)
Rory O'Sullivan
0044 207 050 6500
Simon Bridges
Henry Fitzgerald O'Connor
City Profile
(PR Adviser to Trafficmaster)
Simon Courtenay 0044
207 448 3244
The Acquisition relates to the shares of a United Kingdom public limited company
and is proposed to be made by means of a scheme of arrangement under English
company law and the City Code. The Scheme is not subject to the tender offer or
proxy rules under the United States Securities Exchange Act of 1934, as amended.
Accordingly, the Scheme is subject to the disclosure requirements, rules and
practices applicable in schemes of arrangements in the United Kingdom, which
differ from the requirements of United States tender offer and proxy rules.
The release, publication or distribution of this announcement in jurisdictions
other than the United Kingdom may be restricted by the law of those
jurisdictions and therefore any persons in such jurisdictions into whose
possession this document comes should inform themselves about and observe any
such restrictions. Failure to comply with any such restrictions may constitute
a violation of the securities laws of any such jurisdiction.
Canaccord Genuity Limited is authorised and regulated in the United Kingdom by
the FSA, is acting exclusively for Trafficmaster and for no one else in
connection with the Acquisition and will not be responsible to anyone other than
Trafficmaster for providing the protections afforded to clients of Canaccord
Genuity Limited or for providing advice in relation to the Acquisition or any
matter referred to herein.
This announcement has been prepared for the purposes of complying with English
law, the Listing Rules and the City Code and the information disclosed may not
be the same as that which would have been disclosed if this announcement had
been prepared in accordance with laws and regulations of any jurisdiction
outside the United Kingdom.
This information is provided by RNS
The company news service from the London Stock Exchange
END
SOALLFVLDAITFII
Trafficmaster (LSE:TFC)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Trafficmaster (LSE:TFC)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
Real-Time news about Trafficmaster (London Stock Exchange): 0 recent articles
Más de Trafficmaster Artículos de Noticias