Camellia PLC
14 November 2005
14 November 2005
Camellia Plc ('Camellia')
Linton Park Plc ('Linton Park')
Result of Linton Park Court Hearing and Statements re Camellia Additional
Listing and Linton Park Delisting
At the Linton Park Court Hearing held today, the Court sanctioned the Linton
Park Scheme of Arrangement under section 425 Companies Act 1985 (the 'Scheme'),
pursuant to which Linton Park will become a wholly owned subsidiary of
Camellia.
Application has been made for admission to the Official List of the UK Listing
Authority, and to trading on the London Stock Exchange, of up to 248,011 new
ordinary shares of 10 pence each of Camellia ('New Camellia Shares') to be
issued in accordance with the Scheme. Admission is expected to become effective
on 17 November 2005.
The New Camellia Shares will, upon issue, rank pari passu with Camellia's
existing ordinary shares. Following the issue of the New Camellia Shares,
Camellia will have up to 2,843,011 ordinary shares in issue.
The cancellation of admission of Linton Park ordinary shares to trading on AIM
is expected to take effect on 17 November 2005.
Enquiries
Camellia 01622 746655
Malcolm Perkins
Linton Park 01622 746655
Tom Lupton
KPMG Corporate Finance 020 7311 1000
Tom Franks
Teather & Greenwood Limited 020 7426 9000
Jeff Keating
Sindre Ottesen
KPMG Corporate Finance, a division of KPMG LLP which is authorised and regulated
in the United Kingdom by the Financial Services Authority for investment
business activities, is acting exclusively as financial adviser for Camellia in
relation to the proposal and is not acting for any other person in relation to
such proposal and will not be responsible to anyone other than Camellia for
advice in relation to the contents of this announcement, or the proposal or any
arrangement referred to herein.
Teather & Greenwood Limited, which is authorised and regulated in the United
Kingdom by the Financial Services Authority, is acting exclusively for Linton
Park and for no one else in relation to the proposal and will not be responsible
to anyone other than Linton Park for providing the protections afforded to
clients of Teather & Greenwood Limited or for giving advice in relation to the
proposal, the contents of this announcement or any other arrangement or matter
referred to herein.
This information is provided by RNS
The company news service from the London Stock Exchange
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