Mucklow(A.& J.)Group PLC Scheme becomes effective (5352N)
September 24 2019 - 1:19PM
UK Regulatory
TIDM37HR
RNS Number : 5352N
Mucklow(A.& J.)Group PLC
24 September 2019
A&J Mucklow Group Plc ("Mucklow" or the "Company)
Cancellation of Preference Shares becomes Effective
Mucklow announces that the cancellation of the Preference Shares
by way of a reduction of capital (the "Cancellation"), approved by
Shareholders at the General Meeting and Class Meeting held on 5
September 2019, has today been approved by the Court. The Court
Order approving the Cancellation has been registered with the
Registrar of Companies and accordingly the Cancellation has now
become effective.
Suspension and cancellation of trading and admission of
Preference Shares
Mucklow confirms that the listing of Preference Shares on the
standard listing segment of the Official List and trading of the
Preference Shares on the main market for listed securities of the
London Stock Exchange have been suspended with effect from 7.30
a.m. today, 24 September 2019 and will remain suspended tomorrow,
25 September 2019.
It is expected that the listing of the Preference Shares on the
standard listing segment of the Official List and the admission to
trading on the main market for listed securities of the London
Stock Exchange will each be cancelled with effect from 8.00 a.m. on
26 September 2019.
A further announcement will be made when the admission to
listing and admission to trading of the Preference Shares have each
been cancelled.
Repayment
Preference Shareholders on the register at 10 p.m. today will be
entitled to receive GBP1.60 for each Preference Share held.
Cheques and CREST payments pursuant to the Repayment are
expected to be posted and made by 8 October 2019. All remittances
will be sent to holders of Preference Shares (or in accordance with
their directions) at their own risk.
Defined terms used but not defined in this announcement have the
meanings set out in the Circular.
Enquiries
+44 (0) 20 7484
A&J Mucklow Group Plc 9000
Martin McGann
+44 (0) 20 7418
Peel Hunt LLP 8900
Capel Irwin
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END
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