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RNS Number : 7211D

Mucklow(A.& J.)Group PLC

28 June 2019

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

FOR IMMEDIATE RELEASE

28 June 2019

RECOMMENDED CASH AND SHARE OFFER BY

LONDONMETRIC PROPERTY PLC

for the entire issued and to be issued ordinary share capital of

A&J MUCKLOW GROUP PLC

to be effected by means of a scheme of arrangement under

Part 26 of the Companies Act 2006

Announcement of cancellation of listing of ordinary shares

On 23 May 2019, the boards of A&J Mucklow Group plc (Mucklow) and LondonMetric Property plc (LondonMetric) announced that they had reached agreement on the terms of a recommended offer by LondonMetric for the entire issued and to be issued ordinary share capital of Mucklow (the Combination) to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006 (the Scheme).

Further to the announcements made by Mucklow yesterday, 27 June 2019, that the Scheme had become Effective in accordance with its terms and that the admission of Mucklow Ordinary Shares to the Premium Segment of the Official List and to trading on the London Stock Exchange's main market for listed securities (together, the Admissions) had been suspended with effect from 7.30 a.m. on such date, Mucklow confirms that the Admissions have been cancelled with effect from 8.00 a.m. today.

Capitalised terms used but not defined in this announcement have the meanings given to them in the scheme document sent to Mucklow Shareholders on 30 May 2019 (the Scheme Document).

All times set out in this announcement are London times unless otherwise stated.

Enquiries:

A&J Mucklow Group Plc +44 (0) 121 550 1841

Rupert Mucklow, Chairman and Chief Executive

David Wooldridge, Finance Director

Numis (Financial Adviser to Mucklow) +44 (0) 20 7260 1000

Heraclis Economides

George Fry

Alasdair Abram

   Stifel Nicolaus Europe Limited (Joint Broker to Mucklow)                    +44 (0) 207 710 7600 

Mark Young

Tom Yeadon

Arden Partners plc (Joint Broker to Mucklow) +44 (0) 207 614 5900

Steven Douglas

James Reed-Daunter

Important notices

Numis Securities Limited is authorised and regulated by the FCA in the United Kingdom. Numis is acting as financial adviser and corporate broker to Mucklow and for no one else in connection with the Combination and the matters set out in this document and will not be responsible to anyone other than Mucklow for providing the protections afforded to clients of Numis, nor for providing advice in relation to the Combination, this announcement or any transaction, arrangement or other matter referred to herein.

Stifel Nicolaus Europe Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as joint broker exclusively for Mucklow and no-one else in connection with the matters referred to in this announcement and will not regard any other person as its client in relation to such matters and will not be responsible to anyone other than Mucklow for providing the protections afforded to clients of Stifel, nor for providing advice in relation to any matter referred to in this announcement.

Arden Partners plc, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as joint broker exclusively for Mucklow and no-one else in connection with the matters referred to in this announcement and will not regard any other person as its client in relation to such matters and will not be responsible to anyone other than Mucklow for providing the protections afforded to clients of Arden, nor for providing advice in relation to any matter referred to in this announcement.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

June 28, 2019 02:00 ET (06:00 GMT)

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