REG - Egdon Resources PLC - Confirmation of Scheme Timetable

Egdon ResourcesAnnouncement

14/09/2023 12:00

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RNS Number : 4861M  Egdon Resources PLC  14 September 2023

THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE
OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION
OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES.

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR
TO ANY PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO
RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.

 

RECOMMENDED ACQUISITION OF

EGDON RESOURCES PLC ("Egdon" or the "Company")

by

PETRICHOR PARTNERS, LP ("Petrichor")

Confirmation of Scheme Timetable

 

On 17 May 2023, the board of Egdon announced that they had reached agreement
regarding the terms of a recommended all cash acquisition for the entire
issued and to be issued ordinary share capital of Egdon (other than those
shares already owned by or on behalf of Petrichor) (the "Acquisition")
pursuant to a Court-sanctioned scheme of arrangement of Egdon under Part 26 of
the Companies Act 2006 (the "Scheme").

The scheme document in relation to the Scheme was published on 8 June 2023
(the "Scheme Document"). The Company announced on 12 September 2023 that the
High Court of Justice had sanctioned the Scheme at the Court Sanction Hearing
held earlier on the same date.

Egdon would like to confirm the expected remaining Scheme timetable in full:

 

 Scheme Record Time                                                           6:00pm on 14 September 2023
 Last day of dealings in, and for registration of transfers of, Egdon Shares  14 September 2023
 Effective Date of the Scheme                                                 15 September 2023
 Suspension of Dealings in Egdon Shares                                       7:30am on 15 September 2023
 Cancellation of Admission of Egdon Shares                                    7:00am on 18 September 2023
 Last Date for Payment of Consideration to Scheme Shareholders                29 September 2023

 

 

For further information, please contact:

 Egdon Resources Plc                                           Tel +44 1256 702292

 Mark Abbott
 VSA Capital Limited                                           Tel +44 203 005 5000

 Financial Adviser, Joint Broker and Rule 3 Adviser to Egdon

 Andrew Raca and Matthew Harker (Corporate Finance)
 WH Ireland Limited                                             Tel +44 207 220 1666

 Nominated Adviser and Joint Broker to Egdon

 Antonio Bossi and James Bavister

 

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