Confirmation of Scheme Timetable

Egdon Resources PLC

14 September 2023

 

THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR TO ANY PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.

RECOMMENDED ACQUISITION OF

EGDON RESOURCES PLC ("Egdon" or the "Company")

by

PETRICHOR PARTNERS, LP ("Petrichor")

Confirmation of Scheme Timetable

On 17 May 2023, the board of Egdon announced that they had reached agreement regarding the terms of a recommended all cash acquisition for the entire issued and to be issued ordinary share capital of Egdon (other than those shares already owned by or on behalf of Petrichor) (the "Acquisition") pursuant to a Court-sanctioned scheme of arrangement of Egdon under Part 26 of the Companies Act 2006 (the "Scheme").

The scheme document in relation to the Scheme was published on 8 June 2023 (the "Scheme Document"). The Company announced on 12 September 2023 that the High Court of Justice had sanctioned the Scheme at the Court Sanction Hearing held earlier on the same date.

Egdon would like to confirm the expected remaining Scheme timetable in full:

Scheme Record Time	6:00pm on 14 September 2023
Last day of dealings in, and for registration of transfers of, Egdon Shares	14 September 2023
Effective Date of the Scheme	15 September 2023
Suspension of Dealings in Egdon Shares	7:30am on 15 September 2023
Cancellation of Admission of Egdon Shares	7:00am on 18 September 2023
Last Date for Payment of Consideration to Scheme Shareholders	29 September 2023

For further information, please contact:

Egdon Resources Plc Mark Abbott	Tel [phone]
VSA Capital Limited Financial Adviser, Joint Broker and Rule 3 Adviser to Egdon Andrew Raca and Matthew Harker (Corporate Finance)	Tel [phone]
WH Ireland Limited Nominated Adviser and Joint Broker to Egdon Antonio Bossi and James Bavister	Tel [phone]

 

END