Business
Court sanctions Scheme
Court sanctions Scheme.
About this update from Comptoir Group Plc
[{"type":"text","content":"\n Comland Commercial PLC\n12 October 2007\n\n\nComland Commercial Plc ('Comland ' or the 'Company')\n\nCourt sanctions Scheme of Arrangement\n\nThe Company announces that at a hearing held earlier today, the Court has\napproved the Scheme of Arrangement approved by Shareholders at a Court convened\nmeeting held on 3 October 2007, giving effect thereby to the acquisition of\nComland by MCF Commercial Limited.\n\nDealings in the Company's shares will cease this afternoon and the admission of\nthe Company's shares to trading on AIM will be cancelled with effect from 07.00\non Monday 15 October 2007. The Scheme timetable is set out below.\n\nTerms used in this announcement have the same meaning as those terms defined in\nthe Scheme Document posted to Comland Shareholders on 10 September 2007.\n\n\nEnquiries:\n\nComland Commercial Plc 01628 535 777\nChris Martin\nGrant Thornton Corporate Finance 020 7383 5100\nPhilip Secrett\nColin Aaronson\n\nThe Company confirms that the timetable for the Scheme of Arrangement remains as\nfollows:\n\n\nLast day for receipt of Form of Election 1.00 p.m. on 12 October 2007\n\nLast day of dealings in, and for \nregistration of transfers of Comland Shares 4.30 p.m. on 12 October 2007\n\nScheme Record Time 6.00 p.m. on 12 October 2007\n\nEffective Date of the Scheme 15 October 2007\n\nLatest date for dispatch of cheques and 14 days after the Effective\nsettlement through CREST Date\n\nLatest date for dispatch of share documentation 14 days after the Effective \nin relation to MCF Holdings Shares Date\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":2058,"tagName":"div"}]