REG - Kistos Holdings PLC - Scheme of arrangement legally effective

Kistos HoldingsAnnouncement

22/12/2022 07:00

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RNS Number : 5397K  Kistos Holdings PLC  22 December 2022

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AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY,
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22 December 2022

Kistos plc

Scheme of arrangement legally effective

Further to the announcement on 19 December 2022, the board of directors of
Kistos plc ("Kistos" or "Company" or, together with its subsidiary or
subsidiary undertakings, the "Group") (AIM: KIST) is pleased to announce that
the order of the High Court of Justice of England and Wales (the "Court")
sanctioning the scheme of arrangement ("Scheme") under Part 26A of the
Companies Act 2006 has been delivered to the Registrar of Companies, and as
such, the Scheme is now effective.

Kistos's ordinary shares ("Ordinary Shares") will be delisted from trading on
AIM at 8.00 a.m. today and no transfers of Ordinary Shares will be registered
after 8.00 a.m. today.

Admission to trading on AIM of the ordinary shares of Kistos Holdings plc will
take effect as of 8.00 a.m. today.

Full details of the Scheme are set out in the circular sent to shareholders of
the Company dated 22 November 2022 ("Scheme Document"). Capitalised terms used
but not otherwise defined in this announcement have the meaning given to them
in the Scheme Document.

Timeline*:

 Delisting of Kistos plc Ordinary Shares                                         8.00 a.m. on Thursday 22 December 2022
 Admission of, and dealings commence in, Kistos Holdings plc Ordinary Shares on  8.00 a.m. on Thursday 22 December 2022
 AIM
 Crediting of Kistos Holdings plc Ordinary Shares to CREST accounts              As soon as is practical on Thursday 22 December 2022
 Dispatch of share certificates for Kistos Holdings plc Ordinary Shares*         By Thursday 3 January 2023

 

All references to time in this announcement are to London, England time,
unless otherwise stated.

*The Company will advise any changes to times and dates by RNS.

For further information please contact:

 Kistos plc

 Andrew Austin, Executive Chairman             Tel: +44 (0)20 3757 4983

 (c/o Hawthorn Advisors)
 Panmure Gordon (Nomad, Joint Broker)          Tel: +44 (0)20 7886 2500

 John Prior /James Sinclair-Ford

 Hawthorn Advisors (Public Relations Advisor)  Tel: +44 (0)20 3745 4960

 Henry Lerwill/ Simon Woods
 Berenberg (Joint Broker)                      Tel: +44 (0)20 3207 7800

 Matthew Armitt / Ciaran Walsh
 Camarco (Public Relations Advisor)

 Billy Clegg / Georgia Edmonds                 Tel: +44 (0)20 3757 4983

 

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