Promethean World Plc Closure of Offer and Cancellation of Listing (4537C)
16 Outubro 2015 - 4:10AM
UK Regulatory
TIDMPRW
RNS Number : 4537C
Promethean World Plc
16 October 2015
Promethean World Plc
('Promethean' or 'the Company')
Closure of Offer and Cancellation of Listing
Promethean World Plc (LSE: PRW) confirms that as announced on 1
October 2015 by NetDragon Websoft Inc., the offer made for the
entire issued and to be issued ordinary share capital of Promethean
(the 'Offer') by Digital Train Limited, an indirect subsidiary of
NetDragon Websoft Inc., closed at 1.00 p.m. (London time) on 15
October 2015 and is no longer capable of acceptance. Promethean
shareholders who have not accepted the Offer will have their shares
compulsorily acquired but will have to wait for the Companies Act
2006 process to conclude on, or shortly after, 2 November 2015
before receiving their consideration, settlement of which is
expected to be made within 14 days of that date.
As at 8.00 a.m. (London time) today, the UK Listing Authority
cancelled the listing of Promethean shares on the Official List and
the London Stock Exchange cancelled the admission to trading of
Promethean shares on the London Stock Exchange's main market for
listed securities.
Enquiries
Promethean
Wendy Baker, Company Secretary + 44 (0) 1254 290749
Ian Baxter, CFO
Citigate Dewe Rogerson Consultancy + 44 (0) 207 638 9571
Anthony Carlisle + 44 (0) 7973 611 888
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCLLFSRIELELIE
(END) Dow Jones Newswires
October 16, 2015 03:10 ET (07:10 GMT)
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