Acquisition
April 04 2007 - 10:23AM
UK Regulatory
RNS Number:4366U
Arla Foods UK PLC
04 April 2007
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 IN THAT JURISDICTION
4 April 2007
ACQUISITION OF THE ORDINARY SHARE CAPITAL OF
ARLA FOODS UK PLC
by
ARLA FOODS UK HOLDING LIMITED
Court sanctions Scheme and confirms Reduction of Capital
The board of Arla Foods UK is pleased to announce that in connection with the
recommended acquisition of Arla Foods UK by Arla Holding, court approvals were
duly given at the Scheme Court Hearing on 2 April 2007 and the Reduction Court
Hearing on 4 April 2007.
The Scheme is expected to become effective on 5 April 2007 following the
delivery of the Scheme Court Order and the Reduction Court Order to the
Registrar of Companies and the registration by the Registrar of Companies of the
Reduction Court Order. It is expected that trading in the Arla Foods UK Shares
on the London Stock Exchange will be cancelled at 8.00 a.m. (London time) on 5
April 2007.
On the basis of the timetable set out in the scheme document posted to Arla
Foods UK Shareholders on 15 February 2007 (the "Scheme Document") and in
consideration for the cancellation of their Arla Foods UK Shares, shareholders
on Arla Foods UK 's share register at 6.00 p.m. (London time) on 4 April 2007
will receive 71 pence in cash for each Arla Foods UK Share held. Any cash
consideration due to holders of Arla Foods UK Shares held in uncertificated form
will be paid via CREST and any cheques in respect of any cash consideration due
to holders of Arla Foods UK Shares held in certificated form will be despatched
no later than 19 April 2007.
Terms used in this announcement shall have the same meanings as set out in the
Scheme Document.
Hudson Sandler - (PR advisers to Arla Foods UK) +44 (0) 20 7796 4133
Michael Sandler
Jessica Rouleau
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQUUUGPCUPMGCC
Arla Foods Uk (LSE:ARU)
Historical Stock Chart
From Jul 2024 to Aug 2024
Arla Foods Uk (LSE:ARU)
Historical Stock Chart
From Aug 2023 to Aug 2024