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 THAT JURISDICTION
TMT Acquisition
PLC
Cancellation of listing and
admission to trading of TMT Acquisition Shares
Further to the announcement made
by TMT Acquisition PLC ("TMT
Acquisition") and Belluscura PLC ("Belluscura", the bidder for TMT
Acquisition) on 7 February 2024, TMT Acquisition confirms
that the listing of TMT Acquisition Shares on the Official
List and the admission of TMT Acquisition Shares to trading on the
Main Market of the London Stock Exchange were each cancelled with
effect from 8.00 a.m. today, 7 March 2024.
This announcement should be read in
conjunction with the full text of the document containing the Offer
by Belluscura for the whole of the issued and to be issued share
capital of TMT Acquisition published on 19 January 2024 (the
"Offer
Document"). Capitalised terms used in this announcement
shall, unless otherwise defined, have the same meanings as set out
in the Offer Document.
On 26 February 2024, Belluscura
announced that it had exercised its rights in accordance with
sections 974 to 991 of the Companies Act 2006 to acquire
compulsorily the remaining TMT Acquisition Shares on the same terms
as the Offer.
The Offer remains open for
acceptance until 5.00 p.m. today, 7 March 2024, and any holders of
TMT Acquisition Shares who have not yet accepted the Offer would
receive their consideration sooner if they accepted it than would
be the case under the compulsory acquisition procedures.
The LEI of TMT Acquisition is:
213800HAYJPSLB1TUK56
Enquiries:
TMT
Acquisition plc
Paul Tuson
|
via Guild
Financial Advisory
|
|
|
Dowgate Capital Limited - Broker to TMT Acquisition and
Belluscura
Russell Cook / Nicholas
Chambers
|
+44 (0)20
3903 7715
|
Guild Financial Advisory Limited - Financial Advisor to TMT
Acquisition
David Floyd
|
david.floyd@guildfin.co.uk
|
|
|
|
|
Responsibility
The Directors of TMT Acquisition
accept responsibility for the information contained in this
announcement.
Important notice related to financial advisers and
broker
Dowgate Capital, which is authorised
and regulated by the FCA in the UK, is acting as financial adviser
and broker for Belluscura and as broker to TMT Acquisition and no
one else in connection with the Offer and this announcement and
will not be responsible to anyone other than Belluscura or TMT
Acquisition as applicable for providing the protections afforded to
clients of Dowgate Capital or for providing advice in relation to
the Offer the content of this announcement or any matter referred
to herein.
Guild Financial Advisory, which is
authorised and regulated by the FCA in the UK, is acting as
financial adviser and Rule 3 adviser exclusively for TMT
Acquisition and no one else in connection with the Offer and the
matters set out in this announcement and will not be responsible to
any person other than TMT Acquisition for providing the protections
afforded to clients of Guild Financial Advisory, nor for providing
advice in relation to the Offer, the content of this announcement
or any matter referred to herein. Guild Financial Advisory has
given and has not withdrawn its written consent to the release of
this announcement containing references to its name and advice in
the form and context in which it appears.
Overseas Shareholders
The attention of Overseas
Shareholders of TMT Acquisition is drawn to paragraph 11 (Overseas
Shareholders) of Part II of, and paragraph 7 (Overseas
Shareholders) of Part C of Appendix 1 to, the Offer
Document.
Publication on Website and Availability of Hard
Copies
In accordance with Rule 26.1 of the
Code, a copy of this announcement will be available on the investor
section of Belluscura's and TMT Acquisition's websites at
https://ir.belluscura.com
and www.tmtacquisition.com
by no later than 12.00 noon (London time) on the
Business Day immediately following the date of this announcement.
The content of the websites referred to in this announcement is not
incorporated into and does not form part of this
announcement.