REG - Aggreko PLC - Delisting and Cancellation of Trading

Jefferies FinancialAnnouncement

11/08/2021 09:40

RNS Number : 2878I
  
Aggreko PLC
  
11 August 2021
  
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN OR INTO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
FOR IMMEDIATE RELEASE
 
11 August 2021


AGGREKO PLC
 
Delisting and Cancellation of Trading of Aggreko plc Shares
Further to the announcement made by Aggreko plc ("Aggreko") on 10 August 2021, Aggreko today announces that, following an application by Aggreko, the Financial Conduct Authority has cancelled the listing of Aggreko Shares on the premium listing segment of the Official List and the London Stock Exchange has cancelled the trading of Aggreko Shares on the London Stock Exchange's main market for listed securities, in each case with effect from 8:00 a.m. (London time) today, 11 August 2021.
Unless otherwise defined, capitalised terms used in this announcement (the "Announcement") shall have the meanings given to them in the circular posted to Aggreko Shareholders on 1 April 2021 (the "Scheme Document") in relation to the recommended cash acquisition by Albion Acquisitions Limited (a company owned by funds managed by I Squared Capital Advisors (US) LLC and investment funds managed by TDR Capital LLP) for the entire issued and to be issued ordinary share capital of Aggreko plc, effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (such scheme of arrangement having become effective on 10 August 2021). Full details of the terms and conditions of the Acquisition and the Scheme are set out in the Scheme Document. All references to times in this Announcement are to London, United Kingdom times unless otherwise stated.
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Enquiries:



Aggreko

Louise Bryant, Richard Foster


+44 (0) 20 7227 0090




Headland

(PR Adviser to Aggreko)

Andy Rivett-Carnac

Rosh Field




+44 (0) 7968 997 365

+44 (0) 7515 187 426




Centerview Partners

(Financial Adviser to Aggreko)

Nick Reid, Hadleigh Beals, Marc Murray


+44 (0) 20 7409 9700




Citi

(Financial Adviser and Corporate Broker to Aggreko)

Peter Brown, Sian Evans


+44 (0) 20 7986 4000




Jefferies

(Financial Adviser and Corporate Broker to Aggreko)

Ed Matthews, Philip Noblet, Daniel Frommelt


+44 (0) 20 7029 8000



Slaughter and May is acting as legal adviser to Aggreko, and Dickson Minto W.S. is acting as legal adviser to Aggreko on matters of Scots law.
Person responsible
The person responsible for arranging for the release of this Announcement on behalf of Aggreko is Simon Thomson, Group Legal Director and Company Secretary.
Further information
This Announcement is for information purposes only and is not intended to and does not constitute, or form part of, an offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities, or the solicitation of any vote or approval in any jurisdiction, pursuant to the Acquisition or otherwise, nor shall there be any sale, issuance or transfer of securities of Aggreko in any jurisdiction in contravention of applicable law. 
This Announcement does not constitute a prospectus, prospectus equivalent document or an exempted document.
Important notices
Centerview Partners UK LLP ("Centerview Partners"), which is authorised and regulated by the FCA, is acting exclusively as financial adviser to Aggreko and no one else in connection with the matters described in this Announcement and will not be responsible to anyone other than Aggreko for providing the protections afforded to clients of Centerview Partners nor for providing advice in connection with the matters referred to herein.  Neither Centerview Partners nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Centerview Partners in connection with this Announcement, any statement contained herein, the Acquisition or otherwise.
Citigroup Global Markets Limited ("Citi"), which is authorised by the PRA and regulated in the UK by the FCA and the PRA, is acting as joint financial adviser to Aggreko and for no one else in connection with the matters set out in this Announcement and will not be responsible to anyone other than Aggreko for providing the protections afforded to clients of Citi nor for providing advice in connection with the matters set out in this Announcement. Neither Citi nor any of its affiliates, directors or employees owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, consequential, whether in contract, in tort, in delict, under statute or otherwise) to any person who is not a client of Citi in connection with the matters set out in this Announcement or any other matter or arrangement referred to herein.
Jefferies International Limited ("Jefferies"), which is authorised and regulated by the FCA in the United Kingdom, is acting exclusively for Aggreko and no one else in connection with the Acquisition and will not be responsible to anyone other than Aggreko for providing the protections afforded to clients of Jefferies nor for providing advice in relation to the Acquisition or any other matters referred to in this Announcement. Neither Jefferies nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Jefferies in connection with this Announcement, any statement contained herein or otherwise.
Overseas jurisdictions
This Announcement has been prepared for the purposes of complying with English and Scots law, the UK Listing Rules, the rules of the London Stock Exchange and the Code and the information disclosed may not be the same as that which would have been disclosed if this Announcement had been prepared in accordance with the laws of jurisdictions outside of the UK.
Persons who are not resident in the UK should inform themselves of, and observe, any applicable legal or regulatory requirements of their jurisdictions. The release, publication or distribution of this Announcement in or into jurisdictions other than the UK may be restricted by law and therefore any persons who are subject to the law of any jurisdiction other than the UK should inform themselves of, and observe, any applicable legal or regulatory requirements. Any failure to comply with such requirements may constitute a violation of the securities laws of any such jurisdiction. To the fullest extent permitted by applicable law, the companies and persons involved in the Acquisition disclaim any responsibility or liability for the violation of such restrictions by any person.

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