RNS Number:3138E
Quantica PLC
24 September 2007
Quantica plc
("Quantica" or the "Company")
Cancellation of AIM Admission
On Wednesday 19 September 2007, the recommended cash offer by Berkeley Scott
Group plc ("Berkeley Scott") to acquire the entire issued and to be issued share
capital of Quantica ("the Offer") was declared wholly unconditional save as to
the condition relating to Admission which is expected to occur on Tuesday 25
September 2007.
Berkeley Scott has received valid acceptances of the Offer in excess of 90% of
the issued share capital of Quantica and will, in due course, commence the
compulsory purchase of any remaining Quantica Shares pursuant to sections 979 to
987 (inclusive) of the Companies Act 2006. In the meantime the Offer will
remain open for acceptances until further notice.
The Company has made application to cancel the admission of its ordinary shares
to trading on AIM. Subject to satisfaction of the condition relating to
Admission, it is anticipated that cancellation will take effect from 7.00 a.m.
on 1 October 2007.
If cancellation occurs Quantica Shareholders will be unable to trade Quantica
Shares after 4.30 p.m. on 28 September 2007 although the Offer will remain open
for acceptance.
The definitions in the Offer Document dated 24 August 2007 have the same
meanings in this announcement.
Enquiries:
Quantica plc
Robert Turner, Finance Director
Tel: 01422 310 088
Landsbanki Securities (UK) Limited
(Financial Adviser, Nominated Adviser and Broker to Quantica)
James Wellesley Wesley
Michael Burt
Tel: 020 7426 9000
This information is provided by RNS
The company news service from the London Stock Exchange
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