SSPH Ssp Hold

    RNS Number : 8867D
  SSP Holdings PLC
  19 September 2008
   

    19 September 2008


    SSP Holdings plc

    RECOMMENDED ACQUISITION OF SSP HOLDINGS PLC BY H&F SENSOR BIDCO LIMITED

    Results of Court Hearing to sanction Scheme


    SSP Holdings plc is pleased to announce that today, at the first of two Court Hearings required as part of the Scheme, the Court
sanctioned the Scheme and the Scheme Court Order made at the Court Hearing will be delivered to the Registrar of Companies in England and
Wales shortly after the Court Hearing. 

    Accordingly, trading in SSP shares will be suspended on 22 September 2008 pending the outcome of the second Court Hearing which will
take place on 23 September 2008 at which the Court will consider, and if thought fit, make the Reduction Court Order to reduce the share
capital of the Company.
    Cancellation of the admission to trading of SSP Shares from AIM will take effect from 08:00 am on 24 September 2008. 
    If the Reduction Court Order is made then the Scheme Effective Date, being the day upon which the Acquisition completes, is scheduled to
be 24 September 2008. 
    Unless the context otherwise requires, capitalised terms used but not defined in this announcement have the same meanings as given to
them in the Scheme Document dated 4 August 2008. 



    SSP Holdings plc                                                              +44 (0)1422 330022
    Gren Folwell

    KBC Peel Hunt Ltd                                                            +44 (0)20 7418 8900
    Independent financial adviser to SSP
    Oliver Scott/Richard Kauffer

    Weber Shandwick Financial                                             +44 (0)20 7067 0700
    PR advisers to SSP
    Nick Oborne/John Moriarty


This information is provided by RNS
The company news service from the London Stock Exchange
 
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