EcoSecurities Group plc ("EcoSecurities")
Delisting Announcement
Carbon Acquisition Company announced on 30 October 2009 that it had
declared its recommended cash offer of 105 pence per EcoSecurities
Share unconditional in all respects. On 12 November 2009 Carbon
Acquisition Company issued statutory notices pursuant to Sections
204(1) and 204 (2) of the Companies Act 1963 to those EcoSecurities
Shareholders who have not yet validly accepted the Offer notifying
them of Carbon Acquistion Company's intention to exercise its right
to compulsorily acquire the EcoSecurities Shares held by those
Shareholders.
In accordance with the statements made in the Increased Offer
Document and having acquired or agreed to acquire EcoSecurities
Shares carrying not less than 75 per cent. of the voting rights of
EcoSecurities, Carbon Acquisition Company has requested that
EcoSecurities applies to the London Stock Exchange for the
cancellation of admission to trading of the EcoSecurities Shares on
AIM in accordance with the AIM Rules (the "Delisting") and
accordingly, such application has been made.
Under the AIM Rules, a notice period of not less than 20 business
days is required prior to Delisting and this will commence on 16
November 2009. It is intended that Delisting will take effect on or
shortly after 8.00 a.m. (London time) on 14 December 2009.
ENQUIRIES:
EcoSecurities +353 (0)1 613 9814
James Thompson
Bruce Usher
RBS Hoare Govett +44 (0) 20 7678 8000
Justin Jones
Hugo Fisher
Citigate Dewe Rogerson +44 (0) 20 7638 9571
Ged Brumby
Further information
The directors of EcoSecurities accept responsibility for the
information contained in this announcement. To the best of the
knowledge and belief of the directors of EcoSecurities (who have
taken all reasonable care to ensure that such is the case), the
information contained in this announcement is in accordance with the
facts and does not omit anything likely to affect the import of such
information.
RBS Hoare Govett Limited which is authorised and regulated in the
United Kingdom by the Financial Services Authority is acting
exclusively for EcoSecurities and for no-one else in connection with
the Increased Offer (defined below) and will not be responsible to
anyone other than EcoSecurities for providing the protections
afforded to clients of RBS Hoare Govett Limited or for providing
advice in relation to this matter or any other matters referred to in
this announcement.
A copy of the documents listed as available for inspection in Carbon
Acquisition Company Limited's recommended cash offer document dated
25 September 2009 setting out the terms of the increased offer of 105
pence per ordinary share made by Carbon Acquisition Company Limited
(the "Increased Offer") and a copy of all announcements made by
EcoSecurities in relation to the original offer of 100 pence per
ordinary share made by Carbon Acquisition Company Limited on 15
September 2009 and the Increased Offer, will be available for
inspection at the offices of Matheson Ormsby Prentice, 70 Sir John
Rogerson's Quay, Dublin 2 during normal business hours on any weekday
(Saturday, Sunday and public holidays excepted) whilst the Increased
Offer remains open for acceptance.
END
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This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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