Business
Court Sanction of Scheme of Arrangement
Hansa Investment Company Limited announces that the Court has sanctioned the scheme of arrangement for its recommended all-share combination with Ocean Wilsons Holdings Limited, with the Court Order expected to be delivered to the Registrar of Companies on December 9, 2025, making the scheme effective. Applications have been made for the admission of 28,264,460 New Hansa Ordinary Shares and 56,528,920 New Hansa 'A' Ordinary Shares to the Official List, with trading on the Main Market expected to commence by 8:00 a.m. London time on December 10, 2025. Disclaimer*
About this update from Hansa Investment Company Ltd
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.\n \nTHE COMBINATION TO WHICH THIS ANNOUNCEMENT RELATES IS NOT SUBJECT TO THE UK CITY CODE ON TAKEOVERS AND MERGERS.\n \nFOR IMMEDIATE RELEASE\n \nLEI: 213800RS2PWJXS2QDF66\n \n4 DECEMBER 2025\n \nRECOMMENDED ALL-SHARE COMBINATION\nOF\nHANSA INVESTMENT COMPANY LIMITED\nAND\nOCEAN WILSONS HOLDINGS LIMITED\n\nCOURT SANCTION OF SCHEME OF ARRANGEMENT\n \n \nCourt sanction of the Scheme\n \nOn 3 December 2025, Ocean Wilsons announced that the Court had delivered its judgment sanctioning the Scheme on 2 December 2025. Hansa notes the announcement today by Ocean Wilsons that the Court has issued the Court Order sanctioning the Scheme.\n \nHansa notes that the Scheme remains conditional on delivery of the Court Order to the Registrar of Companies, which is expected to occur on 9 December 2025. On delivery of the Court Order, the Scheme will become Effective, and a further announcement will be made at that time.\n \nAdmission\n \nApplications have been made to the FCA and the London Stock Exchange in relation to: (i) the admission of 28,264,460 New Hansa Ordinary Shares to the \"closed-ended investment funds\" category of the Official List; (ii) the admission of 56,528,920 New Hansa 'A' Ordinary Shares to the \"non-equity shares and non-voting equity shares\" category of the Official List; and (iii) the admission of the New Hansa Shares to trading on the Main Market, each of which is expected to take place by 8.00 a.m. (London time) on 10 December 2025.\n \nExpected timetable\n \nAn updated expected timetable of principal events for the implementation of the Combination is set out below.\n \n\n\n\n\n\nEvent\n\n\n\n\n2025\n\n\n\n\n\nCourt sanction of the Scheme\n\n\n2 December\n\n\n\n\nEffective Date of the Scheme\n\n\nexpected to be 9 December(1)\n\n\n\n\nIssue of New Hansa Shares\n\n\nby 8.00 a.m. (London time)\non 10 December\n\n\n\n\nAdmission of and commencement of dealings in New Hansa Shares on the London Stock Exchange\n\n\nby 8.00 a.m. (London time)\non 10 December\n\n\n\n\nCREST accounts of former Ocean Wilsons Depositary Interest Holders credited with New Hansa Deposit...