High Court Sanction of Scheme

Calyx Group PLC 24 July 2007 Calyx Group plc (the 'Company') High Court sanction of Scheme The Board of Calyx confirms that the High Court has today sanctioned the scheme of arrangement under which, inter alia, Stornoway will acquire Calyx. The Scheme will become effective upon the issue by the Registrar of Companies of a certificate of registration of the Court Order. It is expected that the Court Order will be filed with the Registrar of Companies and the Scheme will become effective on 26 July 2007 ('the Effective Date'). On this basis it is expected that the Transfer Record Time, after which no transfers of Ordinary Shares in Calyx will be registered, will be 6.00 p.m. on 25 July 2007. Admission of the Company's ordinary shares to trading on AIM and IEX will be cancelled with effect from 7.00 a.m. on Thursday 26 July 2007. The last trading day on AIM and IEX will be Wednesday 25 July 2007. As detailed in the Scheme Document, consideration due to Calyx Shareholders under the Scheme will be posted as soon as possible and in any event note later than 14 days after the Effective Date. Enquiries: Davy Corporate Finance Murray Consultants Financial Adviser to Calyx Group plc Public Relations adviser to Calyx Group plc John Frain Ed Micheau +353 (0) 1 883 5555 +353 (0) 1 498 0300 Deloitte Corporate Finance Buchanan Communications Financial Adviser to Stornoway Limited Public Relations adviser to Stornoway Limited David Smith Tim Thompson +44 (0) 20 7936 3000 +44 (0) 20 7466 5000 The Calyx Directors accept responsibility for all the information contained in this announcement. To the best of the knowledge and belief of the Calyx Directors (who have taken all reasonable care to ensure that such is the case), the information in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information. Davy Corporate Finance, which is authorised in Ireland by the Financial Regulator under the Investment Intermediaries Act 1995, is acting exclusively for Calyx and no-one else in connection with the Acquisition and will not be responsible to anyone other than Calyx for providing the protections afforded to clients of Davy Corporate Finance or for providing advice in relation to the Acquisition. Deloitte Corporate Finance is acting exclusively for Stornoway and no-one else in connection with the Acquisition and will not regard any other person as its client nor be responsible to anyone other than Stornoway for providing the protections afforded to clients of Deloitte Corporate Finance nor for providing advice in relation to the Acquisition, or any matter referred to in this announcement. Deloitte Corporate Finance is a division of Deloitte & Touche LLP, which is authorised and regulated by the Financial Services Authority in respect of regulated activities. Terms defined in the Scheme Document dated 8 June 2007 have the same meaning in this announcement. This information is provided by RNS The company news service from the London Stock Exchange MSCILFLTDDIVFID
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