Scheme Effective
13 Julho 2010 - 10:15AM
UK Regulatory
TIDMFGN
RNS Number : 2787P
Futuragene PLC
13 July 2010
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO THE SAME WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
13 July 2010
FuturaGene plc ("FuturaGene" or "the Company")
Scheme becoming effective and cancellation of admission to trading on AIM
Further to the announcement of 12 July 2010, the Company is pleased to announce
that the scheme of arrangement and associated reduction of capital in connection
with the recommended all cash offer by Suzano Trading Limited, a wholly owned
subsidiary of Suzano Papel e Celulose S.A. for FuturaGene, became effective
today in accordance with its terms. The consideration due to Scheme
Shareholders and holders of Warrants will be sent within 14 days of today's
date.
Admission of the FuturaGene Shares to trading on AIM will be cancelled by the
London Stock Exchange with effect from 7.00 a.m. tomorrow (14 July 2010).
Terms defined in the scheme document sent to FuturaGene Shareholders on 28 May
2010 have the same meanings in this announcement.
All references to times in this announcement are to London time unless otherwise
stated.
For further information, please contact:
FuturaGene Plc
Mark Pritchard, Chairman +44 (0) 7802 827
846
Stanley Hirsch, CEO +972 544 562
724
Evolution Securities
Neil Elliot +44
(0) 20 7071 4300
College Hill +44 (0)
20 7457 2020
Adrian Duffield/Carl Franklin/Rozi Morris
Suzano Papel e Celulose
André Dorf
+55 11 3503 9240
BNP Paribas (financial adviser to Suzano Bidco and Suzano Papel e
Celulose)
Claude Herskovits (London) +44
(0) 20 7595 6709
Leandro Almeida (São Paulo)
+55 11 3841 3626
Tulchan Communications (PR adviser to Suzano Bidco)
Andrew Grant
+ 44 (0) 20 7427 1554
This information is provided by RNS
The company news service from the London Stock Exchange
END
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