Court approves scheme of arra
Informa plc
29 June 2009
Informa plc - Court approves scheme of arrangement
Recommended proposals for the introduction of a new Jersey incorporated and Swiss tax resident parent company ('New Informa') by means of a scheme of arrangement under Part 26 of the Companies Act 2006 (the 'Scheme')
Informa plc ('Informa') is pleased to announce that the High Court of Justice has today made an order sanctioning the scheme of arrangement pursuant to which New Informa will become the parent company of the Informa Group. The Scheme is expected to become effective on 30 June 2009.
Upon the Scheme becoming effective, Informa Shareholders will receive one New Informa Share for every Ordinary Share held by them at 6.00 p.m. on 29 June 2009. It is expected that (i) the New Informa Shares will be admitted to the Official List and to trading on the London Stock Exchange's main market for listed securities with effect from 8.00 a.m. on 30 June 2009; and (ii) the listing of the existing Ordinary Shares will be cancelled (and those shares will cease to be admitted to trading) with effect from 8.00 a.m. on 30 June 2009.
Capitalised terms used but not defined in this announcement have the meaning given to them in the Scheme Circular issued by the Company dated 1 May 2009.
For further information please contact: John Burton, Company Secretary; Julie Wilson, Deputy Company Secretary, Tel: 020 7017 5000.
The release, publication or distribution of this announcement in jurisdictions other than the United Kingdom may be restricted by law and therefore any persons who are subject to the laws of any jurisdiction other than the United Kingdom should inform themselves about, and observe, any applicable requirements. This announcement has been prepared for the purposes of complying with English law and the information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws and regulations of any jurisdictions outside of England.
The securities mentioned in this announcement have not been and will not be registered under the U.S. Securities Act of 1933 (the 'Securities Act') and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. This announcement does not constitute or form part of any offer or invitation to purchase, otherwise acquire, subscribe for, sell, otherwise dispose of or issue, or any solicitation of any offer to sell, otherwise dispose of, issue, purchase, otherwise acquire or subscribe for, any security in the capital of the Company in any jurisdiction.
This announcement is an advertisement and not a prospectus and investors should not subscribe for or purchase any securities referred to in this announcement except on the basis of information contained in the Scheme Prospectus. The Scheme Prospectus is available on Informa's website and is available for inspection at the UK listing authority's document viewing facility.
This information is provided by RNS
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