LONDON, July 26 /PRNewswire-FirstCall/ -- Cascal
N.V. (NYSE: HOO) (the "Company") announced today that it has
filed with the Securities and Exchange Commission (the "SEC") a
Form 25 relating to the delisting of its common shares from the New
York Stock Exchange (the "NYSE"), with the delisting of its common
shares to be effective ten days thereafter. Accordingly, the
Company anticipates that the last day of trading of its common
shares on the NYSE will be Thursday, August
5, 2010.
On Friday, August 6, 2010, the
effective date of the delisting, the Company plans to file a Form
15 to deregister its common shares under Section 12 of the
Securities Exchange Act of 1934, as amended (the "Exchange Act").
Upon the filing of the Form 15, the Company's obligation to file
certain reports with the SEC, including Forms 20-F and 6-K, would
immediately be suspended. The Company expects that the
deregistration of its common shares would become effective 90 days
after the date the Form 15 is filed with the SEC.
About Cascal N.V.
Cascal provides water and wastewater services to its customers
in eight countries: the United
Kingdom, South Africa,
Indonesia, China, Chile,
Panama, Antigua and The
Philippines. Cascal's customers are predominantly homes and
businesses representing a total population of approximately 4.7
million.
Forward-looking statements
This release contains forward-looking statements that are not
guarantees of future performance. There are important factors, many
of which are outside of our control, that could cause actual
results to differ materially from those expressed or implied by
such forward-looking statements including: general economic
business conditions, unfavorable weather conditions, housing and
population growth trends, changes in energy prices and taxes,
fluctuations with currency exchange rates, changes in regulations
or regulatory treatment, changes in environmental compliance and
water quality requirements, availability and the cost of capital,
the success of growth initiatives, acquisitions and our ability to
successfully integrate acquired companies and other factors
discussed in our filings with the Securities and Exchange
Commission, including under Risk Factors in our Form 20-F for the
fiscal year ended March 31, 2010,
filed with the SEC on June 25, 2010.
We do not undertake and have no obligation to publicly update or
revise any forward-looking statement.
Investor Contacts:
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Media Contact:
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KCSA Strategic
Communications
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KCSA Strategic
Communications
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Jeffrey Goldberger / Marybeth
Csaby
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Lewis Goldberg
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+1 212.896.1249 / +1
212.896.1236
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+1 212.896.1216
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jgoldberger@kcsa.com /
mcsaby@kcsa.com
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lgoldberg@kcsa.com
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SOURCE Cascal N.V.