Result of Meeting

RNS Number : 1044H

Hansa Trust PLC

29 July 2019

 

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY,  IN OR INTO, THE UNITED STATES, CANADA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

29 July 2019

LEI: 213800AIF87JWGLA1L74

Hansa Trust plc

Results of the Court Meetings and General Meeting

The Board of Hansa Trust plc (the "Company") is pleased to announce the results of voting at the Court Meetings and the General Meeting of the Company held at on Monday 29 July 2019 at The Washington Mayfair Hotel, 5 Curzon Street, London, W1J 5HE. All resolutions proposed at the Court Meetings and General Meeting were duly passed by the requisite majorities. Full details of the votes will shortly be available from the website (www.hansatrust.com).

The Scheme, details of which were set out in the circular published by the Company on 4 July 2019 (the "Circular"), is subject to the sanction of the Court. The Court Hearing is expected to be held on 27 August 2019.

If the Scheme is sanctioned by the Court, the Scheme is expected to be implemented according to the following timetable:

Timetable

Scheme Record Time	close of business on 28 August
Effective Date		29 August
Admission and commencement of dealings in New Hansa Shares		8.00 am on 29 August
Cancellation of listing of the Hansa Trust Shares		8.00 am on 29 August
Crediting of New Hansa Depositary Interests to CREST accounts		29 August

Each of the times and dates in the table above is indicative only and may be subject to change.

Applications will be made to the FCA for 40,000,000 New Hansa Ordinary Shares to be admitted to listing on the premium segment of the Official List and for 80,000,000 New Hansa 'A' Ordinary Shares to be admitted to listing on the standard segment of the Official List and in respect of each class, to the London Stock Exchange for admission to trading on the Main Market. It is expected that Admission will occur, and that dealings in the New Hansa Shares, will commence on 29 August 2019.

Capitalised terms used but not defined in this announcement will have the same meaning as set out in the Circular.

Enquiries:

Buchanan Financial PR Charles Ryland Henry Wilson	020 7466 5000
Winterflood Securities Limited                Corporate Broker Neil Langford Rachael Tracy	020 3100 0000
Hansa Capital Partners LLP Corporate Secretary	020 7647 5750

Important notices

This announcement is for information purposes only and does not constitute or form part of any offer to sell or subscribe for or any invitation to purchase or subscribe for any securities or the solicitation of any vote or approval in any jurisdiction pursuant to the Scheme or Admission or otherwise. It does not constitute a prospectus or prospectus equivalent document.

 

END

 

 

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