ARU Arla Foods

RNS Number:2937R
Arla Foods UK PLC
15 February 2007


                                                                15 February 2007


                               Arla Foods UK plc

                           Posting of Scheme Circular

Recommended proposals for the cash acquisition of Arla Foods UK by Arla Holding


Following the announcement on 22 January 2007 ('Announcement') by Arla Foods UK
and Arla Holding regarding the recommended acquisition by Arla Holding of all
the Arla Foods UK Shares not already owned by it, Arla Foods UK announces that
it has today posted the circular containing, amongst other things, the terms of
the scheme of arrangement under section 425 of the Companies Act 1985 (the
'Act') by which the acquisition of Arla Foods UK will take place (the 'Scheme'),
an explanatory statement relating to the Scheme (in compliance with section 426
of the Act), notices of the meetings of Arla Foods UK Shareholders (respectively
'the Court Meeting and the Arla Foods UK EGM'), an expected timetable of
principal events and details of the action to be taken by Arla Foods UK
Shareholders.

The Court Meeting and the Arla Foods UK EGM to approve the Scheme are scheduled
to be held on 12 March 2007. Subject to, amongst other things, approval at the
relevant meetings, the Scheme is expected to become effective on or around 5
April 2007. Settlement of the consideration to which any holder of Scheme Shares
is entitled thereunder being cash, or for Arla Foods UK Shareholders who validly
elect to receive the Loan Note Alternative, Loan Notes will be despatched within
14 days of the Effective Date.

The Scheme Document will be available for inspection from Monday 19 February
2007 on Arla Foods UK's website - www.arlafoodsuk.com - and during normal
business hours on any weekday (Saturdays, Sundays and public holidays excepted)
at the offices of Ashurst, Broadwalk House, 5 Appold Street, London EC2A 2HA
until the Effective Date.

Any capitalised term used but not defined in this announcement is as defined in
the Announcement.


Enquiries

Hudson Sandler +44 (0)20 7796 4133

Michael Sandler / Jessica Rouleau


Numis Securities Limited, which is authorised and regulated by the Financial
Services Authority, is acting exclusively for Arla Foods UK and for no-one else
and will not be responsible to anyone other than Arla Foods UK for providing the
protections afforded to clients of Numis Securities Limited or for providing
advice in relation to the Acquisition.

The 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 purpose of complying with English law and the Code 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 of
jurisdictions outside the United Kingdom.

The availability of information on the Acquisition to persons not resident in
the United Kingdom may be affected by the laws of the relevant jurisdiction in
which they are located. Persons who are not resident in the United Kingdom
should inform themselves of and observe any applicable requirements.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
MSCSFIFWLSWSEIE

Arla Foods Uk (LSE:ARU)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024

Arla Foods Uk (LSE:ARU)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024