Posting of Circular

RNS Number : 3747N

Spark Ventures PLC

31 August 2011

 



SPARK Ventures plc

("SPARK" or the "Company")

Posting of Circular

Following the announcement on 26 August 2011 regarding the notice of AGM and proposed Return of Cash, SPARK confirms that the Circular has today been posted to Shareholders. A copy of the Circular is available on the Company's website at http://www.sparkventures.com.

Notice of the Annual General Meeting, which is to be held on Wednesday 28 September 2011, is included in the Circular. An Election Form for use by Shareholders (with the exception of Non-United Kingdom Shareholders and Shareholders who hold their Existing Ordinary Shares in CREST) in connection with the Alternatives and a Form of Proxy for use in connection with the Annual General Meeting are enclosed with the Circular.

Also included in the Circular is the following expected timetable of principal events:

Latest time and date for receipt of the Form of Proxy or CREST Proxy Instruction for the Annual General Meeting and record time for determining entitlement to participate in the AGM	10.00 a.m. on 26 September 2011
Latest time and date for receipt of Forms of Election and TTE Instructions in respect of the Alternatives	1.00 p.m. on 27 September 2011
Record Time for determining entitlement to participate in the Tender Offer for the B Shares and the Special Dividend on the C Shares	6.00 p.m. on 27 September 2011
Annual General Meeting	10.00 a.m. on 28 September 2011
Latest time and date for dealings in Existing Ordinary Shares and Existing Ordinary Share register closed	5.00 p.m. on 28 September 2011
Cancellation of trading of Existing Ordinary Shares	7.00 a.m. on 29 September 2011
New Ordinary Shares admitted to trading on AIM and dealings in the New Ordinary Shares commence and Share Split effective	8.00 a.m. on 29 September 2011
Credit CREST accounts with, or despatch cheques in respect of, the Tender Offer for the B Shares and the Special Dividend on the C Shares	By 7 October 2011
Creation of the 2011 Deferred Share register following payment of the Special Dividend on the C Shares	By 7 October 2011

Notes:

1. References to times in this document are to London times. If any of the above times or dates should change, the revised times and/or dates will be notified to Shareholders by an announcement on a Regulatory Information Service.

2. Completion of all events in the above timetable following the holding of the Annual General Meeting are conditional upon, inter alia, the passing of Resolution 10 at the Annual General Meeting.

For further information, please contact:

SPARK Ventures plc	Andrew Betton /  David Potter	020 7851 7777
Collins Stewart	Matt Goode / Sebastian Jones	020 7523 8350

Capitalised terms used in this announcement have the meaning given to them in the Circular dated 31 August 2011.

Collins Stewart Europe Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting for SPARK Ventures plc and is acting for no-one else in connection with the Return of Cash and will not be responsible to anyone other than SPARK Ventures plc for providing the protections afforded to clients of Collins Stewart nor for providing advice in connection with the Return of Cash or any other matter referred to herein.

 

END

 

 

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