Cancellation of Admission to Trading on AIM
27 10월 2008 - 4:01PM
UK Regulatory
RNS Number : 7010G
Econergy International Plc
26 October 2008
27 October 2008
ECONERGY INTERNATIONAL PLC
Cancellation of Admission to Trading on AIM
Econergy International PLC ("Econergy" or the "Company"), the renewable independent power producer focused on the Americas, today
announces that application is being made to the London Stock Exchange for the cancellation of admission to trading on AIM (the "Delisting")
of the Company's ordinary shares of 1p each ("Ordinary Shares").
Application for cancellation of trading comes following the announcement that all conditions of the cash offer ("Offer") made by SESA
Bidco Limited ("SESA") on 25 June 2008, have now been satisfied or waived and that the Offer is declared unconditional in all respects. It
is anticipated that the cancellation will take effect from 7 a.m. on 25 November 2008, being not less than 20 days following the date of
this announcement.
In accordance with Rule 41 of the AIM Rules, the Company has notified the London Stock Exchange of the Delisting pursuant to receipt of
total valid acceptances under the Offer representing in aggregate, approximately 97.7 per cent. of the existing share capital of Econergy.
Contacts:
Econergy International PLC
Tom Stoner, Chief Executive Officer Tel: +1 303 473 9007
Piper Jaffray Ltd. Tel: +44 (0)20 3142 8700
Michael Covington
Will Carnwath
Pelham Public Relations
Chelsea Hayes Tel: +44 (0)20 7743 6675
Archie Berens Tel: +44 (0)20 7743 6679
This information is provided by RNS
The company news service from the London Stock Exchange
END
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