MEC Mecom Grp

TIDMMEC

RNS Number : 0291F

Mecom Group PLC

17 February 2015

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

17 February 2015

RECOMMENDED CASH ACQUISITION

of

MECOM GROUP PLC

by

DE PERSGROEP PUBLISHING N.V.

(a wholly-owned subsidiary of De Persgroep N.V.)

to be effected

by means of a Scheme of Arrangement

under Part 26 of the Companies Act 2006

Delisting and cancellation of trading of Mecom Shares

Further to the announcement made by De Persgroep N.V. and Mecom Group plc (Mecom) on 16 February 2015 that the Scheme has become effective in accordance with its terms, pursuant to Listing Rule 5.3 and the subsequent publication of the relevant dealing notice by the Financial Conduct Authority, Mecom confirms that trading in Mecom Shares on the London Stock Exchange's main market for listed securities and the listing of Mecom Shares on the Official List were cancelled with effect from 8:00 a.m. today (UK time).

The date for despatch of cheques and for settlement of cash consideration in relation to the Transaction through CREST is expected to be on or before 2 March 2015.

Other

Unless otherwise defined, all capitalised terms in this announcement shall have the meaning given to them in the Scheme Document. A copy of this announcement will be available for viewing on Mecom's website at www.mecom.com.

Further enquiries:

 
 De Persgroep            +32 (0) 2 454 25 40 
 Christian Van Thillo 
  Christophe Convent 
 Mecom                   +44 (0) 20 7925 7200 
 Keith Allen 
  Henry Davies 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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