Offer Update
July 22 2009 - 9:46AM
UK Regulatory
TIDMCGN TIDMTRS
RNS Number : 1079W
CapRegen PLC
22 July 2009
Not for release, publication or distribution in whole or in part in, into or
from any jurisdiction where to do the same would constitute a violation of the
relevant laws of such jurisdiction
CapRegen plc
Offer Update: Court sanction of Scheme of Arrangement
CapRegen plc is pleased to announce that the High Court of Justice has today
made the Order sanctioning the Scheme of Arrangement, as described in the
announcement of 9 June 2009, by which the cancellation of Scheme Shares is being
implemented.
Pending the filing of the Order with the Registrar of Companies, the anticipated
Effective Date of the Scheme is 23 July 2009 and share certificates in respect
of the new Tarsus Shares due to Scheme Shareholders are expected to be
despatched by 6 August 2009. The CapRegen Shares were suspended from trading on
AIM on 21 July 2009 and will be cancelled from trading on AIM with effect from
24 July 2009.
Terms defined in the Scheme Document shall have the same meaning(s) when used in
this announcement.
Enquiries:
+------------------------+-----------------------------+---------------------------+
| CapRegen plc | George Greenwood | 07785 257 010 |
+------------------------+-----------------------------+---------------------------+
| | | |
+------------------------+-----------------------------+---------------------------+
| Astaire Securities Plc | William Vandyk | 020 7448 4400 |
+------------------------+-----------------------------+---------------------------+
Astaire Securities Plc, which is authorised and regulated in the UK by the FSA,
is acting exclusively as financial adviser to CapRegen and no one else in
connection with the Proposal and will not be responsible to anyone other than
CapRegen for providing the protections afforded to customers of Astaire
Securities Plc nor for providing advice in relation to the Proposal or any other
matter referred to in this announcement.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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